Personal Guarantees

Personal Guarantees Questionnaire for Applicants

a process developed for Litigants in Person by Litigants in Person

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* 1. Did you provide a Personal Guarantee (PG) to a debt of a third party?

Yes

No

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* 2. Was the 3rd party a limited company where you were involved?

Yes

No

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* 3. Did you personally sign a Personal Guarantee?

Yes

No

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* 4. Was that Guarantee called on?

Yes

No

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* 5. Do you believe the provider of the debt was entitled to call on your Guarantee?

Yes

No

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* 6. The documents you signed when providing the PG, did you fully understand/were they explained fully to you?

Yes

No

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* 7. Were you properly advised by an independent third party legal adviser at the time you signed the Guarantee?

Yes

No

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* 8. To your knowledge did that independent third-party advisers have any prior relationship with the lender or the borrower?

Yes

No

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* 9. Was the Borrower put into administration?

Yes

No

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* 10. In your opinion, was the secured lender entitled to call on your guarantee (explain why you have responded in this way?

Yes

No

(please explain why you have responded in this way)