You're in trouble right?
The bank are writing some very strong letters about your Director Guarantee - so you have to pay, don't you? You're going to lose your house, aren't you?
Not necessarily - certainly no one should welch on a commitment they have made, but was your commitment to a DG legally made and if not, do you therefore really legally owe the money?
Understanding the financial implications of a Director Guarantee issue is one thing, but what about the human cost? Click on the above video to watch the fourth part (of 4) on debt and how best to manage it; this clip looks at some caveats to consider. (Click here for the other videos in the series).
With Director Guarantees, the banks can be notoriously bad at keeping their end of the bargain by not having their paperwork in order or being sloppy or otherwise inept at arranging the DG in the first place.
And you can guarantee that if the boot was on the other foot, they'd make sure you knew it and certainly they will leave you with the distinct impression that you do owe the money on the DG come what may.
This is where we come in - with our help, your DG problems can be tackled once and for all.
Please find below the other 3 videos in our "Human Cost" series covering "The 2 Hour Box", "The Partner Paradox" and "Caveats":
STOP PRESS: Barclays Collection Policy Change ...read more.
Senior Litigation Executive joins Director Guarantees
We are extremely pleased to announce that Senior Litigation Executive, Steve Maskell, has joined the Director Guarantee team as Banking and Finance Specialist....(see below)
Steve is one of the director guarantee industry’s most experienced legal figures.
If you have a director guarantee problem/issue - please don't delay in contacting us - Experience tells us that best results come from early intervention.
So, please don't be an ostrich, take your head out of the sand and contact us now to see how we can help you with your Director Guarantee.
A bit about ourselves, and why we might be able to help you.
Our experience has been forged through 25 years in turning businesses around. And in the last 9 years in particular, we have worked with company directors to settle their Director Guarantee issues, with this website being the leading provider of this service.
*** LATEST NEWS UPDATE - June 2013***
We are extremely pleased to announce that Senior Litigation Executive, Steve Maskell, has joined the Personal Guarantee team as Banking and Finance Specialist.
Steve is one of the personal guarantee industry’s most experienced legal figures. Accredited as a Legal Executive, he has over 35 years’ experience in banking and finance, in particular with regard to security documents. Gamekeeper turned poacher, over that career Steve has worked for HSBC and banking law firms such as Gateleys, Cobbetts and Freeth Cartwright.
Steve has been working with the Personal Guarantee team for over 2 years on around 50 cases. One of his key skills is avoiding the matter going to court, which he has achieved in an unusually high proportion of those cases.
Such is the increasing demand for expert representation in Personal Guarantee cases, Steve’s move means we now have his expertise full time to draw on.
Mel Loades, Director of Personal Guarantees, said, “Steve's longstanding reputation in the banking industry will only further assist our clients in dealing with personal guarantee issues, and he is a valued addition to our personal guarantee team.”
Steve Maskell, Banking and Finance Specialist at Personal Guarantees said “I have been working Mel and his team for some time now, and seen the real difference we can make to people’s actual lives. It is some of the most front line legal work I have ever done. Now I will be able to focus full time on addressing personal guarantee cases.”
Steve Maskell’s career includes:
- Litigation Officer; HSBC Bank Plc
- Principal Litigation Manager Freeth; Cartwright LLP
- Head of Banking and Finance; Else Solicitors LLP
- Cobbetts LLP
For Press/Media enquiries, please contact Phil Taylor