Tag overview for: 'personalguarantee'
Entries on this site with 'personalguarantee'
- Wendy Guild runs for St. Mungo's
We are delighted to announce that one of our senior client managers, Wendy Guild, an experienced marathon and half marathon runner, will be participating in the Great Nort - Personal Guarantee reduced by 70%
Having liquidated my company in July 2012 and thinking that all bases were covered, I was shocked to receive a demand for £5500 for a company debt that I had, supposedly, - Invoice Finance Personal Guarantees
Please find below an interesting review by solicitors Bermans who act on behalf of invoice finance companies. It appears to give quite a balanced view as to the opportuni - Resigning as a director with a personal guarantee?
If you are resigning as a Director of a company and you have a personal guarantee, you will not be automatically released from the personal guarantee . You have to give n - "....settled on a fifth of the total amount"
The recession of 2009 took its toll on my business and I had to place it into voluntary liquidation. I knew this would, in turn, trigger the bank calling in my personal gu - RBS/NatWest seriously rapped by the OFT for Charging Orders
The Office of Fair Trading has warned RBS of being too harsh in using charging orders to enforce debt. They consider the breach so severe that if RBS does not comply with - Perfect advice...very good settlement
"The advice and help your company gave me in helping to settle my Personal Guarantees was perfect and helped obtain a very good settlement". Read more testimonials . - "...my piece of mind has been restored"
" I had to liquidate my company and my life was turned upside down. The bank was causing me all manner of problems and adding to the stress of the fact that I had no incom - "....paying less than a third was great"
I was introduced by Personal Guarantees to a firm that managed to reduce my mother's guarantee liability from £50,000 to £15,000 in full and final settlement. Fees at £5, - "Final Settlement Achieved Is Wonderful"
The Personal Guarantees team have assisted me and my family through a very difficult time involving serious family illness and the obvious stress. The bank were claiming - "Outstanding advice, counselling and support..."
Due to company liquidation, I have had a major outstanding debt with HSBC Bank which was secured by way of a personal guarantee, but which has been recently settled after - No option to liquidate? Personal Guarantees make a difference
"When you are left with no option but to liquidate your company it comes as a shattering blow. Losing your company is devastating enough, but when banks and government bod - A further update on RBS/ Natwest collections
We have already commented on changes to RBS/ Natwest collection departments with regard to personal guarantees. In addition to the telephone issues the move to Birmingham - PG witnessed by the bank manager offering the funding - a new development?
We are not legal advisors so we can not comment legally. But for us and critically for many if not most of the bank personal guarantee cases we see, it is the bank manager - LloydsTSB collection issue: Update on a disappointing (and hopefully isolated)
In the last year we have developed some good relations with the LloydsTSB Bristol collections office, and as we have commented in the past, we have found them for the most - Banking solicitors not updating their bank with personal guarantee offers
In 2011 we caught out a major firm of solicitors who had not advised their bank client of offers being made in settlement of a personal guarantee. It resulted in that inst - An update on RBS/ Natwest collections on personal guarantees
The recent move from their longstanding office in Telford to Birmingham appears to be causing them some issues. In the last week we have not had one call to their 0845 num - EFG loans not permitted to be secured or pursued against primary residential home
A few months ago we discovered that the banks had to collect out on a defaulted EFG loan within 18 months, and if it had not been collected by that time then the bank had - PG settlement rate is 28.7%
Personal guarantee statistics as at 22nd October 2012. We measure our success to ensure we are delivering the best possible results possible and to improve our service- th - Personal Guarantee reduced by 33%
" Following contacting PG and after several threats from solicitors my personal guarantee was settled with a reduction of 33%, many thanks for your intervention and advice - Take the burden of dealing with the bank off your shoulders
"I was put in contact with PG after my company went into liquidation. Mel and the team went to work and were able to take the burden of dealing with my bank off my shoulde - Personal Guarantees have been an absolute Godsend
Personal Guarantees have been an absolute Godsend . I cannot even express into words the course of actions taken by Mel and Wendy that led to the successful conclusion of - If the witness to a deed is the bank manager?
We are not solicitors, but deeds are peculiar documents requiring particular actions to be enforceable. This is quite right, too. Bank will use deeds rather than contracts - More on RBS/ Natwest debt collection
We have witnessed in recent months a move of some cases from RBS’ Bishopsgate Global Restructuring office to their Telford (which is moving to Birmingham) debt collection - LloydsTSB personal guarantees and charges on properties
We have found the LloydsTSB debt collection office fairly reasonable when it comes to dealing with personal guarantee issues. Occasionally, most banks do not comply with o - EFG provision assists defence of Personal Guarantees claims
We had some good success defeating personal guarantee claims that were covered by the Small Firms Loan Guarantee Scheme (SFLGS). But with respect to loans provided under t - RBS/ Natwest debt collection office move from Telford to Birmingham
RBS/ Natwest long-standing debt collection centre in Telford is going through the process of moving to Birmingham, with some staff already transferred. We will have to wai - £935k Personal Guarantee settled for £5k
A stunning success one might feel and it is certainly a good result. However, much of the credit has to go to the bank involved and the debt collection agents acting on th - Invoice finance/factoring termination fees
There is some debate as to whether termination fees provided for in most invoice finance and factoring agreements are legally valid. A similar issue was prevalent in relat - Personal Guarantees has been a life saving calming guide in the panic, confusion and anxiety
Faced with the situation where my Personal Guarantees to the bank have been in real danger of being called in with disastrous consequences for my personal situation, my ch - Deal with issues much more speedily and effectively....
I approached Personal Guarantees with a PG issue involving a major bank. The advice and support they provided enabled me to deal with this issue much more speedily and ef - I cannot recommend these people enough...
The Personal Guarantees team steered me through what would have been a nightmare culminating to a very successful completion. I was extremely nervous and anxious prior to - Update On How Clydesdale/ Yorkshire Banks Collect Personal Guarantees
Yet another bank (they are both part of Australian bank NAB) that for the most part get the implementation right. However, be warned, if such debts are secured on properti - Update On How Santander Bank Collect Personal Guarantees
Again, a bank that for the most part do the right thing when implementing personal guarantees. This coincidentally applies to many personal guarantees also signed by organ - Update On How Bank Of Scotland Collect Personal Guarantees
Some of the collections are undertaken by the LloydsTSB group team in Bristol, but a significant amount is for Great Britain is still being actioned out of Edinburgh. For - Update On How HSBC Collect Personal Guarantees
This update gives consideration as to HSBC’s approach to collecting out on personal guarantees, Before that, let’s consider how they put them in place in the first instanc - Update On How RBS/ Natwest Collect Personal Guarantees
This blog and tweet considers how RBS/ Natwest collects on personal guarantee debt and follows on from our previous in the series which considered how they implement. Much - Update On How RBS/ Natwest Implement Personal Guarantees
Our next update will give some consideration as to RBS/ Natwest approach to collecting out on personal guarantees, but before that, let’s consider how they put them in pla - Update On How Barclays Implement Personal GuaranteesUpdate On How Barclays Implement Personal Guarantees. 2 Of 10.
Our next update will give some consideration as to Barclays approach to collecting out on personal guarantees, but before that, let’s consider how they put them in place i - Update On How Each Bank Is Dealing With Personal Guarantee Issues
It has been some time since we have given a general update on the way banks deal with personal guarantee claims. Our experience of dealing with hundreds and reviewing thou - Directors Resigning From Companies And Their Personal Guarantee Liability
One of the most prevalent issues that we come across is where a director has resigned his directorship and quite often has no interest of any sort in a company, only to fi - It's understandable that you would be cautious when it comes to Personal Guarantees
Here's another testimonial from one of our clients: I was naturally cautious when contacting Personal Guarantees just from an internet search. You prime yourself to expect - Nothing short of a miracle.....
Here is another of our clients who is happy to express his thanks for how Personal Guarantees have helped: " I am writing to express how grateful I am for the sound advice - Great News For Director Redundancy Claims
The problem with the government Department who deal with redundancy reclaims is that they look to reject Directors claims, and without seeking expert advice then your clai - Video: Personal Guarantee Dynamics - part 3 - The Partner Paradox
If you have a personal guarantee issue - How do you manage your partner and family through this situation? This video (part 3 of 4) looks at the "partner paradox". Click o - Video: Personal Guarantee Dynamics - part 2 - The 2 Hour Box
How to better manage the stress and associated feelings that you may have when facing personal guarantee issues; particularly the 'dreaded post'! In this video we explore - Video: Personal Guarantee Dynamics - part 1 - Understanding The Human Cost
Click on the image to watch the latest video (part 1 of 4)Â - considering the human cost of personal guarantee and debt issues. - How to Minimise Your Exposure - Part 2
Following on from our previous article, in this one we will explore the key considerations that you should be aware of when managing a personal guarantee claim. Overview o - How to Minimise Your Exposure - Part 1
Is the bank calling in your personal guarantee? This is a worrying and stressful time for anyone facing this issue; with your house on the line, your financial stability a - Personal Guarantee matters below £5,000 subject to court action
Personal guarantee claims (as with any matter) that are less than £5,000 are considered small claims, and as such are subject to different rules when being processed throu - Bibby Financial Services v Magson Personal Guarantee case
This is an interesting matter, in particular since we know one of the defendants and solicitor in the matter. We are obtaining more information on the pertinent points of - HSBC Personal Guarantee collections
In April 2011, we had reported a sea change in collection policy whereby they appeared to go legal on all personal guarantee claims. Since then, they seemed to have settle - Barclays update re: Personal Guarantee collection
We have started to commence a more direct dialogue with Barclays in relation to personal guarantees on behalf of guarantors we work with. For certain, it has resulted in a - How to psychologically deal with a personal guarantee claim
Following from our blog of the 18th November, we have prepared a video which will be uploaded to our website in the next couple of weeks, which makes some suggestions on t - Latest Statistics of Personal Guarantees Success
We measure our success to ensure we are delivering the best possible results possible and to improve our service- the benefit of those we work with now and in the future a - Some more kind words about Personal Guarantees
Thank you for all of your help and support. You were a real pillar of strength in a difficult period. Mel’s advice is always well founded and sound, easy to understand and - What people say about our Personal Guarantee service
What can I say, Mel and his team came to my rescue at what was a very dark time for me financially, after my business failed, he saved me from a charge being placed on my - Another testimonial
I first contacted Personal Guarantee to find out if they could help me as my Bank had been chasing me for huge debts I had personally guaranteed, they were so helpful and - Testimonial
Mel Loades is truly a 'breath of fresh air', a remarkable and unique individual. His insight, support and guidance throughout the very difficult period we faced with a hig - Apex collecting personal guarantees on behalf of HSBC - bad and good news
Apex are a debt collection company, who have done some work for Natwest in the past and seem now to be dealing with a lot of HSBC personal guarantee collections. The bad n - Solicitors Shoosmiths coming to the party on settling personal guarantees
Solicitors Shoosmiths do a lot of work collecting debt on behalf of banks, particularly LloydsTSB, Natwest and HSBC. It is often difficult to determine how a particular so - RBS/ Natwest Getting Feisty Again Collecting Personal Guarantees
We have noticed a step up of aggressive correspondence by RBS/ Natwest in the collection of personal guarantees over the last few weeks, particularly from their Telford co - Dealing effectively with Personal Guarantees can be a major reliever of stress
Personal Guarantees report that one of the major responses they receive from people they help with personal guarantee (PG) issues is one of overwhelming relief. The anxiet - Using The FSB To Promote Services
Personal Guarantees is pleased to announce that founder and managing director Mel Loades has become a member of the Federation of Small Business (FSB), an organisation tha - An introduction..
Hi there, Welcome to my blog on turnarounds in business- given the current climate, quite a relevant topic. My experience was forged in my mid-20s when at a relatively you
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