Personal Guarantees
Personal Guarantees Questionnaire for Applicants
a process developed for Litigants in Person by Litigants in Person
OK
1.
Did you provide a Personal Guarantee (PG) to a debt of a third party?
Yes
No
2.
Was the 3rd party a limited company where you were involved?
Yes
No
3.
Did you personally sign a Personal Guarantee?
Yes
No
4.
Was that Guarantee called on?
Yes
No
5.
Do you believe the provider of the debt was entitled to call on your Guarantee?
Yes
No
6.
The documents you signed when providing the PG, did you fully understand/were they explained fully to you?
Yes
No
7.
Were you properly advised by an independent third party legal adviser at the time you signed the Guarantee?
Yes
No
8.
To your knowledge did that independent third-party advisers have any prior relationship with the lender or the borrower?
Yes
No
9.
Was the Borrower put into administration?
Yes
No
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)
Current Progress,
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