@Ethel Street Thank you very much for your interest. Here is the pdf file. i deleted all the personal and comapny information capital.pdf

Thank you very much for your input, dx100uk. Could you please elaborate a bit more? I've been having sleepless nights over this issue. I was under the impression that a personal guarantee (PG) has nothing to do with a limited (LTD) company, and that they would try to recover funds from me personally. When I created this post, I was seeking guidance on my initial steps for when they begin the process and use their power to obtain the funds from the guarantor.

Hello everyone. This is my first post. I've found a lot of valuable information here and would like to ask for help as I'm expecting to be hit with some unpaid debt. Here's some context: I've been running a LTD company since 2012. In 2020, I opened a line of credit with Capital On Tap for £17k. Currently, there's around £8,500 left to pay. The LTD company was sold in November with all its assets to a new 100% shareholder. It looks like the new owner will not be making any more payments. After two missed payments, they will pursue me, as stated in the personal guarantee I signed. I've moved since opening the account with them. I'm currently unemployed and don't have a main address, staying with friends. I don't own any property and my bank account has only a few pennies. If the payments are not made by the LTD company, what should be my course of action? I won't be able to receive any letters as the address they have is outdated.