Highlights: Claim: Bank – Personal Guarantee of £15,453 plus interest Security: Not secured Settlement: 24 payments of £400 totalling ££9,600 Background: The Limited company was placed into Creditors Voluntary Liquidation in early 2015. A personal guarantee had been provided by Mr XYZ in respect of the indebtedness of the company.  Demand was made against the guarantor by the Bank in respect of the guarantee.  As
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Highlights: Claim: Bank – Personal Guarantee limited to £50,000 plus interest Security: Second Charge on family home Settlement: £36,553 lump sum Background: The Limited company was placed into Creditors Voluntary Liquidation in early 2014.  Personal guarantees were provided by Mr & Mrs ABC in respect of the indebtedness of the company (limited to £50,000).  Demand was made against the guarantors by the Bank in respect
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