Bank Guarantee Claims

 

 

Challenging a creditor’s right to call a personal guarantee
Personal Guarantees are more common now than ever and creditors can be quick to take action against a guarantor.  However, not all personal guarantees are enforceable.  My name is Patrick Selley and below I explain how you can defend a guarantee claim.

If you have given a personal guarantee and the creditor is seeking to enforce it, you should seek legal advice first as you may have grounds to challenge its validity.
Patrick Selley, who specialises in bringing claims against banks, financial advisors and financial institutions, explains that despite some creditor's best efforts, many individuals have successfully avoided some or all of their liability under a personal guarantee. 
In this, the first of a series of four articles, Patrick sets out the grounds for a successful challenge to the terms of the guarantee itself.
Follow the link below to learn more.....

http://www.patrickselley.com/creditors_right_to_call_personal_guarantee.php