Over recent months, we have seen a surge of cases involving Capital on Tap personal guarantees (“PGs”), often pursued with surprising speed and little scrutiny. What is particularly concerning is the creditor’s reliance on automated procedures: marking a client’s credit file, escalating to third party collectors and even assigning the PG debt to outfits such … Read more
Mel and the team provided support, guidance and direction during a very difficult time when our business went into liquidation. It was a great relief to have them negotiate and communicate with an aggressive lender, and Mel got a better result than we could ever have expected. I have no hesitation in recommending them to … Read more
Almost 2 years on from our first article (read HERE) and following our subsequent updates (read HERE and HERE), we are continuing to see American Express (‘AmEx’) and their representatives pursue ex-directors personally for debts accrued on business cards. The serious systemic issues with the enforceability of these business cards against individual directors and members … Read more
Following a post-covid boom our industry went through an unprecedented, unexpected shock collapse and our family business of 14 years went down. We had a personally guaranteed business loan which completely debilitated our life because, due to the industry shutdown, we couldn’t keep up with the payments. Harry helped us negotiate a more affordable plan … Read more
