Personal guarantees - insolvency law

Personal guarantees are often requested when starting a business or forming a limited company. They ordinarily mean you promise to pay the business debt should it fall in to financial difficulty be unable to pay. 

Our specialist lawyers can support clients when a personal guarantee is enforced by a lender. As legal professionals we can advise you on the implications of your personal guarantee before you sign to ensure you fully understand its terms. We can also become involved if a lender demands repayment under such guarantee to consider the validity of the agreement and any avenues for challenge.

For advice in relation to any aspect of a personal guarantee speak to our legal team on 0203 816 9303 or complete an online enquiry form and we will contact you directly to discuss your situation.

Coronavirus Business Interruption Loan Scheme - advice to owners and directors providing personal guarantees - find out more

   

loading staff

4.7out of 10
4.7 score on Trustpilot Based on count 869

We're Great

It is our business to deliver legal services that work for our clients, and you can trust our specialists to take care of things on your behalf.

Our Trustpilot reviews

Directors duties update - three month extension to file accounts and wrongful trading

The government continues to issues briefings on their measures to ease the regulatory burden on companies during the current crisis. Further measures to assist directors and SMEs are expected over the coming weeks, and we will continue to update our advice...

Read more

Twitter commercial

@CommercialLLP

Stephensons reports 24.55% mean gender pay gap

The national law firm, Stephensons, has reported a 24.55% mean gender pay gap for fixed hourly pay as at 5th April 2019.  The firm has reported its gender pay gap in line with the government’s gender pay gap reporting regulations.  The...

Read more

Commercial reorder

  • Jonathan Chadwick
  • Louise Hebborn
  • David Baybut
  • Kate Bullen
  • Chris Graves
  • Alistair Gregory
  • Philip Richardson
  • Julie Ball
  • Martha McKinley
  • Paul Davies
  • Jonathon Waterhouse
  • Jessica Charnock​
  • Julie Hunter
  • Adam Pennington​​
  • Andrew Whitehead
  • Sebina Noreen Malik
  • Mark Williams​
  • Martin Haisley
  • Terri Meehan
  • Laurence Searle
  • Kenneth Tang
  • Neil Marshall
  • Declan Gilroy​
  • ​Kerrie Ainscough
  • Matthew Smith