BBF CONSULTING LTD DO NOT PROVIDE AND ARE NOT INDEMNIFIED FOR THE PROVISION OF LEGAL ADVICE. SHOULD YOU WISH TO OBTAIN FORMAL LEGAL ADVICE, YOU MUST PRESENT THE PAPERS TO YOUR OWN SOLICITORS TO OBTAIN SUCH ADVICE.
If a solicitor has been appointed then the bank has decided to escalate the matter to recover the monies they believe to be due under a personal guarantee. Of course it is possible that this could be contested or negotiated but it takes specialist knowledge to ensure the best possible outcome.
If action is not taken quickly then costs can rapidly rise and, if court proceedings are issued, this takes it to a whole new level. Action needs to be taken as soon as possible. Although we are not solicitors, we can help resolve these situations, as we have specific expertise and are negotiating with all the banks’ solicitors regarding personal guarantees on a daily basis.
To limit your exposure and to have the solicitors dealt with in an effective way call us now to discuss the issue.