The demand to pay under a personal guarantee is always nerve-wracking. However, all is not lost since with proper advice they can often be reduced considerably or even avoid them altogether.

To decide the level of liability under a personal guarantee, there are a number of factors you need to take into consideration. A key consideration here is knowing whether you do or don’t have a defence. You must take legal advice on this because the range of defences is very wide and complex.

The ultimate solution, is to remove a personal guarantee. One important element of a personal guarantee is that it is a financial instrument which offers protection.

The personal guarantee is not governed by corporate law but rather by Consumer Protection, The Unfair Terms in Consumer Contracts Regulations and the Consumer Rights Act 2015.

There are certain requirements and you need to get in touch with us to talk about your individual guarantee and remove the Personal Guarantee’s.

Ready to Grow?

Leading Small Businesses to succeed and increase the potential for entrepreneurial wealth to grow and create exponential value; ultimately changing the world for the better.

Let’s Connect