personal guarantee for business loan
Collapse
X
-
Re: personal guarantee for business loan
the company has since gone into liquidation.
also the guarantee wasnt signed in a solicitors office. though there is a clause on it saying we the bank advised to seek independant advice before signing it and we decided not to. i dont remember been advised to do that. after the guarnatee was signed the bank manager did try on several occasions to to get us to sign another guarantee in a solicitors office.
when i finally left the business he pretty much admitted the guarantee wasnt worth very much but that was in a conversation with me. so obviously i have no proof of this.
View our Terms and Conditions
LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.
If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.
If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.
Comment