Personal Guarantees

Personal Guarantees Questionnaire for Applicants

a process developed for Litigants in Person by Litigants in Person
1.Did you provide a Personal Guarantee (PG) to a debt of a third party?
2.Was the 3rd party a limited company where you were involved?
3.Did you personally sign a Personal Guarantee?
4.Was that Guarantee called on?
5.Do you believe the provider of the debt was entitled to call on your Guarantee?
6.The documents you signed when providing the PG, did you fully understand/were they explained fully to you?
7.Were you properly advised by an independent third party legal adviser at the time you signed the Guarantee?
8.To your knowledge did that independent third-party advisers have any prior relationship with the lender or the borrower?
9.Was the Borrower put into administration?
10.In your opinion, was the secured lender entitled to call on your guarantee (explain why you have responded in this way?
Current Progress,
0 of 10 answered