Personal Guarantee

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When a company is liquidated, creditors can enforce personal guarantees against directors. Here is a simple rule: never simply roll over and pay! There are various legal defences used by Rebuild Now, as well as tactical negotiation and brokering. It is costly to commence legal action to enforce a personal guarantee. Often we can invalidate the personal guarantee on technical grounds, prior to or after a liquidation has occurred. Rebuild Now successfully negotiates substantial reductions for our clients.

Personal Guarantees

How to deal with a Personal Guarantee It is a very common practice for a company director to provide a personal guarantee in order to...

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On the road again…

Know that if you choose to listen to a liquidator (or voluntary administrator) or one of the ‘Turnaround’ websites they use, and they tell you...

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