PB – May 2022

Following my initial contact with Personal Guarantee and being in contact with Joss they have been first class. Working on my side to get the correct solution for me. Although this situation most people find themselves in can be stressful Joss made the situation flow and dealt with the matter in hand contacting me when … Read more

Mental Health Awareness and Financial Wellbeing

Below is an article published by wealth management company Mattioli Woods, which is on financial well-being which unfortunately for many of our clients, cannot be considered to be the case. If you require urgent help for mental health, please go to: https://www.nhs.uk/nhs-services/mental-health-services/where-to-get-urgent-help-for-mental-health/ If you are struggling with mental health issues resulting from financial distress, help … Read more

G&S – May 2022

Like most people in business, you never plan for it to go wrong. After signing several PGs whether as asset finance or business expansion loans, you put the consequences to the back of your head and leave the thoughts as filed! Sadly when something goes not according to plan, they came back to bite us … Read more

Dispelling The Myth That Fully Involved Directors Must Be Told By Finance Companies To Get Legal Advice

So often we hear from guarantors or their advisors that it was reckless lending by the finance company or that the directors were not compelled to go and get legal advice when they signed the personal guarantee. Certainly this was of some concern for some of the main high street banks in the 1990’s and … Read more

Bank Signature Fraud Enquiry ‘On Track’?

Please see article written by James Hurley of The Times early in March. We have seen isolated incidents of this sort of thing happening, mostly by individuals within banks rather than a concerted organisation effort. However, we have seen just as worryingly documents provided by a Rotherham based bank collections office through their solicitors purporting … Read more

SK – March 2022

Harry and Mel were brilliant from start to finish. They understood my position, suggested the relevant supporting docs and put forward our case. From having a PG of 23k they managed to have the debtor to agree to accept 6k. Its easier to sleep with Harry and Mel your side.

JK – March 2022

Personal Guarantee have been very supportive during difficult times of negotiating with some pretty unreasonable creditors. My experience has been rather drawn out over the past 2 year with Covid, but the team have remained contactable and professional throughout. Their support and advice has made the whole experience much more manageable. Thanks!

Insolvency Practitioners don’t need to report “businesses in difficulty” re Bounce Back loans

We are neither Insolvency Practitioners (IPs) nor Solicitors and do not advise on such matters, and as an Insolvency Practitioner you might want to check with your compliance officer on the following: By way of comment, we have heard through the grapevine that some IPs have been told that they are obliged to report to … Read more