Each bank’s process in initiating Personal Guarantees, also known as director guarantees varies considerably and having dealt with more than 3,000 personal guarantees in nearly 15 years we know what to expect and how best to deal with the issues better than anyone else.
They also change their debt collection processes and the offices that deal with them quite frequently. One bank in particular uses a team in India (purporting to be based in Canary Wharf), while some other banks prefer to use outside collection agencies.
Some give the collection direct to Solicitors, most use all of the above to a lesser or greater extent. Rarely, but occasionally we have found endemic document falsification.
Whichever bank it is, we will know how to best assist you.
Wherever you are in the process, please contact us HERE
Or click on the relevant link below to see how we can help further: