MINI GUIDE 9 LIMITED COMPANY - PERSONAL GUARANTEES
£9
Limited Company – Personal Guarantees: What Happens When The Company Can’t Pay
If your limited company can’t pay its debts, is it really you who’s personally on the hook?
This guide walks through exactly when a personal guarantee applies — and when it doesn’t.
What’s inside:
Why a limited company being its own legal person matters, and where that protection ends
What a personal guarantee actually is (and how to check if you’ve signed one)
The rare exceptions where a director can be personally liable without a guarantee
What can follow if a guarantee does apply — and what to do before it gets there
Where to get free, specialist help (Business Debtline, insolvency practitioners)
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Dealing with more than one debt problem?
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Why trust this: Written by Claire Cox, FCA-registered Debt Educator (ref. 212365616) — Debt Educator not a Regulated Adviser (PERG 17.2/17.5). Delivered instantly to your email. As a digital product, we’re not able to offer refunds once it’s sent
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