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What does a personal guarantee cover?

What does a personal guarantee cover? Personal Guarantees have been around for years and their use are growing in this ever-changing economic environment. One thing that genuinely surprises many people is that a personal guarantee not only covers the current loan but also covers future borrowing. This means that in addition to covering the existing …

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Successful Recovery of Commercial Debt – Client Case Study

Successful Recovery of Commercial Debt Client –Leading manufacturer of industrial equipment vs Debtor – Turbine Services Principal Sum – £117,144.00 We were instructed by a leading manufacturer to recover a commercial debt against a construction company for a principal sum of £117,144.00. We successfully recovered the full principal sum on the same day of instruction. …

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