Personal guarantees - recovery

Stephensons has a team of specialists experienced in the recovery of business debts by way of personal guarantees and have successfully assisted guarantors in reducing their liability. A high percentage of all business loans and banking facilities are now backed up by a personal guarantee. 

Advice should always be sought before a personal guarantee is entered into. Our commercial team can provide the advice and practical assistance required before the documents are signed.

It is not only major lenders or financial institutions that are seeking to secure their position by obtaining personal guarantees from directors. The use of personal guarantees is becoming more common with trade bodies. If your business has problems with late payment by limited companies, it may be worthwhile seeking a personal guarantee from its directors. Stephensons have legal expertise in preparing personal guarantees to ensure the agreement is clear and enforceable.

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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.

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From the first meeting we were provided with a realistic assessment of our claim with a strategy to reach specific objectives. Communications at all stages were clear and concise.
View from a business recovery client

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Commercial reorder

  • Jonathan Chadwick
  • Louise Hebborn
  • David Baybut
  • Kate Bullen
  • Chris Graves
  • Alistair Gregory
  • Philip Richardson
  • Julie Ball
  • Francesca James
  • Martha McKinley
  • Jessica Culshaw
  • Paul Davies
  • Matthew Halton
  • Julie Hunter
  • Adam Pennington​
  • ​Jonathon Waterhouse
  • Andrew Whitehead
  • Mark Williams
  • ​Karen Baron
  • Neil Marshall
  • Declan Gilroy
  • ​Kerrie Ainscough

We're always here for you

As an award-winning top 150 law firm, with over 450 staff based in offices across the country, you're never far from the advice you need.

Find your nearest Stephensons office and arrange a meeting

As an award-winning top 150 law firm, with over 450 staff based in offices across the country, you're never far from the advice you need.