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Directors Insolvency – How to deal with a Personal Guarantee
Finance - By Steve Thatcher, 160 views
Director’s Insolvency can be a problem especially after a company enters an insolvency procedure, where the directors may have personally guaranteed the borrowing of the company in question.

Directors Bankruptcy – Early action can help avoid personal insolvency
Business:Management - By Steve Thatcher, 76 views
Directors of limited companies may face bankruptcy if they have personally guaranteed the borrowings of the company. In a liquidation of a business, many creditors both secured and unsecured do not get their debts paid in full. Often the directors of the business have had to secure borrowings for the firm by providing their own assets as collateral