Personal Guarantee

Guarantee reduced settlement agreement

Client saving 66%

Personal Guarantee

Following a business insolvency, a client was faced with a claim under a personal guarantee from a secondary lender.

All of the documents had been e-signed and our review highlighted a number of deficiencies in the process.
We successfully negotiated a settlement at £15k – a client saving of £30k, or 66% of the original debt.

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Insolvency information sheet
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