When a director asks an Insolvency Practitioner or advisor what they can do about a personal guarantee, they may not have an answer for them that they want to hear. Why not direct them to Anvil Business Advisory? We will review the personal guarantee and challenge it where appropriate, discuss the director’s circumstances with them so that negotiations take all aspects into consideration. We have a proven track record of negotiating better than expected settlements.

We are regularly instructed for recovery work by Insolvency Practitioners, who are looking for a tenacious service to deliver the best recovery outcome. We understand the requirements of the Insolvency Practitioner, as well as the expectations of the debtors. Where debt recovery has previously been undertaken in house, we have proven that our services are more time and cost efficient, freeing employed members of the team to do what they do best, while also delivering a higher level of recovery ensuring a best outcome for creditors.

A directors personal guarantee can be called upon at the first sign of difficulty, not just as a result of business failure, which can be a shock at a time you don’t need it. Ignoring it is a mistake, you need to get advice and start dealing with it as soon as possible. We have a proven track record of negotiating better than expected settlements for our clients so with us in your corner, you can be assured that you are in safe hands.