Our Case Studies

£385k Settled For £25k – Trust Deeds On Personal Property Portfolio


The bank held a personal guarantee with respect to our clients company and issued a demand for £340k in that regard.

The debt accumulated to £385k by the time we started working with the client due to accumulated interest.


On the face of it, our client’s asset position looked strong enough for the bank to consider that they would make a substantial recovery of the sum claimed.

However, family trust deeds existed on all substantive properties that had a net asset value and, as a result, the bank accepted a full and final settlement of £25k that our client requested us offer on their behalf.

Having thought the deal was clinched our client declared that he was unable to raise that sum in one go!

We reverted to the bank and agreed a payment of that full and final sum in tranches over a 9 month period.