Biz Tip #9: Avoid Personal Guarantees

If you can help it, try to avoid putting your own neck on the line by personally guaranteeing business debts.

Jonathan Abrams is a Commercial Lawyer at Gregory Abrams Davidson Solicitors. You can contact him or our Property Department at [email protected] or +44 (0)20 7979 2066.

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Testimonials

"If I am able to build up and sell another company, I would certainly engage GAD for the sales process again. I had never done this before, but from start of the Due Diligence and Heads of Terms to finishing with Completion, they were great. Very reasonable fees too!"

"The whole experience of my dealings with the firm have been of the highest quality! Professionalism, politeness and expedition were all above and beyond"

"We would both like to thank you for your kind / personal approach to our legal matters, which given some complexities sometimes is so nice to receive. We would not have any hesitation in recommending you and indeed Gregory Abrams to any of our friends and colleagues in the future."

Biz Tip #9: Avoid Personal Guarantees

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