Swampmonkey
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Personal guarantee - company in liquidation
Swampmonkey replied to snork-maiden's topic in General Debt Issues
This is interesting and reassuring. My business partner and I signed unsecured PGs to cover an overdraft and also a loan. The business is now struggling to survive and we certainly have no assets to repay either. Is it the situation that they could force a sale of our houses but never do, or are the courts required to ensure that, providing we are paying what we can afford, then our houses are safe?
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Reclaim the right Ltd
reg.05783665
reg. office:-
262 Uxbridge Road, Hatch End
England
HA5 4HS