My question involves collection proceedings in the State of: FL

I was part of an LLC involved in the construction of a residence, of which I signed a personal guarantee along with the other members for a percentage of the entire investment. Subsequently, I was bought out by another member and dissolved myself from the LLC.

The LLC then traded the residence for a piece of commercial property of which I never signed on the new mortgage which required unlimited and unconditional personal guarantees. The property is now in default. To make matters more complicated, there is a new lender as the previous bank went under.

I made the mistake of never getting a release from the bank at the time I got out of the LLC. The managing partner assured me that the release from the LLC was enough.

Can I still be held personally liable for the default? Should I consider suit against the managing partner for his negligence? I'd appreciate any advice on this matter!