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Personally Liable
Being individually responsible for a debt or legal obligation, meaning personal assets can be used to satisfy the debt if necessary.
Personal Liability
The legal responsibility of an individual to pay debts from personal assets, not protected by a corporation or LLC.
Separate Bank Accounts
Individual bank accounts maintained by parties (such as spouses) for their personal use, distinct from joint accounts.
Breaches
Instances where a rule, law, contract, or promise is violated or not adhered to.
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