Building Industry Client with Personal Guarantee Exposure
- Clients, operating within the Building Industry, instructed Bell & Company regarding their Personal Guarantee Exposure of £350,000
- At the time of instruction, the health of our Clients’ and their partners had been materially affected with quite serious consequences and so the case was sensitive as a result
- The subject Bank had been ruthless and their pursuit continual – The Clients feared that they would lost the assets they had remaining which had equity associated
- It was imperative that this matter was concluded once and for all and quickly
- We came on record immediately upon appointment and soon after concluded the matter with a settlement payment of £50,000
For more information on Personal Guarantee exposure read our recent blog below.