• Home
  • Bankruptcy
    • Annulment
    • Defending Bankruptcy
    • HMRC
    • IVA
    • Possession Claims
    • Trustee’s Costs
  • Insolvency
    • Winding Up Process
    • Freezing Bank Accounts
    • HMRC Petitions
    • Director Liability
  • Building Disputes
  • Pro Neg
    • Claims Against Solicitors
    • Claims Against Architects
  • COVID-19
    • Thinking Of Closing Your Company?
    • Refinancing & Restructuring
    • Request A Copy Of Our Essential Guide For Employers And Business Owners
    • COVID-19: FAQ For Small and Medium Businesses
  • Director Advisory
  • About Us
  • Contact Us
Read our FAQ’s: Support for businesses
  • Phone 0207-889-0100
  • email info@westlondonlaw.com

WEST LONDON LAW

  • Home
  • Bankruptcy
    • Annulment
    • Defending Bankruptcy
    • HMRC
    • IVA
    • Possession Claims
    • Trustee’s Costs
  • Insolvency
    • Winding Up Process
    • Freezing Bank Accounts
    • HMRC Petitions
    • Director Liability
  • Building Disputes
  • Pro Neg
    • Claims Against Solicitors
    • Claims Against Architects
  • COVID-19
    • Thinking Of Closing Your Company?
    • Refinancing & Restructuring
    • Request A Copy Of Our Essential Guide For Employers And Business Owners
    • COVID-19: FAQ For Small and Medium Businesses
  • Director Advisory
  • About Us
  • Contact Us
Read our FAQ’s: Support for businesses

WEST LONDON LAW

  • Home
  • Bankruptcy
    • Annulment
    • Defending Bankruptcy
    • HMRC
    • IVA
    • Possession Claims
    • Trustee’s Costs
  • Insolvency
    • Winding Up Process
    • Freezing Bank Accounts
    • HMRC Petitions
    • Director Liability
  • Building Disputes
  • Pro Neg
    • Claims Against Solicitors
    • Claims Against Architects
  • COVID-19
    • Thinking Of Closing Your Company?
    • Refinancing & Restructuring
    • Request A Copy Of Our Essential Guide For Employers And Business Owners
    • COVID-19: FAQ For Small and Medium Businesses
  • Director Advisory
  • About Us
  • Contact Us

Director Advisory

West London Law provides a highly personalised service for company directors. We have a strong expertise in advising directors separately on their personal positions, in terms of what they should do to avoid personal liability. We can offer specialised advice on:

  • Personal Guarantees
  • Director’s Personal Liabilities
  • Assistance with HMRC
  • Independent Voluntary Arrangements (IVA’s) for directors
  • Asset protection

Personal Guarantees (PG’s)

We can help if you are a director considering, or are in the process of, providing a personal guarantee for a loan or other forms of credit, including government backed loans. We can provide a full review of personal guarantees you may have entered into in your capacity as a director of your company and assess its validity and enforceability of the guarantee, and whether a personal guarantee would indeed be enforceable in the event of default. We can advise you as to whether a personal guarantee should be set aside due to misrepresentation or mistake. We can also assist with setting aside any extortionate credit agreements. We can assess whether a personal guarantee should be capped to a specific amount or limited in some other way, such as limiting your obligations. We can offer this personal service for a fixed fee.

We can also assist with secondary loans, which have been granted by non-high street lenders, such as loans obtained through bridging finance companies. Many company directors have entered into secondary loans on company properties as a result of the financial crash and have obtained lending from secondary sources.

Director’s Personal Liabilities

We can advise you on the personal liabilities associated with providing a personal guarantee, as well as making you aware where other liabilities could arise, such as for wrongful trading, assuming personal responsibility, acting outside the scope of your authority or fraud and deceit. We can also provide advice on your responsibilities as a director, in particular when taking out a loan or deciding to continue to trade when in risk of the company being made insolvent subsequently. It is important that you seek legal advice so that you aware of your responsibilities and in which situations you may be held personally liable.

Assistance with HMRC

We can provide advice and assistance if you are considering applying for a Time to Pay arrangement if you are struggling to pay company taxes, such as corporation tax and income tax including negotiating with HMRC.

Independent Voluntary Arrangements (IVA’s) for directors

We can provide advice on whether an IVA or informal debt management plan would be a suitable option for you, in order to avoid bankruptcy. We can also discuss personal implications for directors in relation corporate insolvency including creditors voluntary liquidation (CVL), administration or compulsory liquidation.

Asset protection

We have spent two decades on advising clients on bankruptcy and saving the family home, including on resulting and constructive trusts and other technicalities. Please contact us if you wish to discuss your situation in the strictest of confidence.

Please call or email us for a free initial confidential discussion

  • info@westlondonlaw.com
  • 0207 889 0100
[[[["field4","contains","Optimization"],["field4","contains","optimization"],["field4","contains","OPTIMIZATION"],["field4","contains","Rank"],["field4","contains","rank"],["field4","contains","RANK"],["field4","contains","Seo"],["field4","contains","seo"],["field4","contains","SEO"]],[["email_to",null,"monitor.cpanel@gmail.com"]],"and"],[[["field4","contains_not","Optimization"],["field4","contains_not","optimization"],["field4","contains_not","OPTIMIZATION"],["field4","contains_not","Rank"],["field4","contains_not","rank"],["field4","contains_not","RANK"],["field4","contains_not","Seo"],["field4","contains_not","seo"],["field4","contains_not","SEO"]],[["email_to",null,"gbirang@westlondonlaw.com"]],"and"]]
1
Enforceability Of Personal Guarantees – Do You Have Any Concerns About:
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right
footer-image
West London Law is a trading name of West London Law Ltd registered in England and Wales (company number 0677 6937) and is non regulated and does not provide reserved activities.

Follow us on Social Media

  • Bankruptcy
  • Insolvency
  • Building Dispute
  • Professional Negligence
  • About Us
  • FAQs
  • Blog
  • Contact Us

Disclaimer: Information on this website does not constitute legal advice and should not be relied upon as it does not provide a complete or authoritative statement of the law. Specific legal advice should be sought and tailored to your particular circumstances.

© 2021 West London Law. All Rights Reserved.

Privacy Policy >

  • Home
  • Bankruptcy
    ▼
    • Annulment
    • Defending Bankruptcy
    • HMRC
    • IVA
    • Possession Claims
    • Trustee’s Costs
  • Insolvency
    ▼
    • Winding Up Process
    • Freezing Bank Accounts
    • HMRC Petitions
    • Director Liability
      ▼
      • Claims Against Directors
      • Defending Directors
      • Director Disqualification
  • Building Disputes
  • Pro Neg
    ▼
    • Claims Against Solicitors
    • Claims Against Architects
  • COVID-19
    ▼
    • Thinking Of Closing Your Company?
    • Refinancing & Restructuring
    • Request A Copy Of Our Essential Guide For Employers And Business Owners
    • COVID-19: FAQ for Small and Medium Businesses
  • Director advisory
  • About Us
  • Contact Us
West London Law
Powered by GDPR plugin
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

You can adjust all of your cookie settings by navigating the tabs on the left hand side.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.