Hi Good People,
I've been a lurker for some time, but thought I would ask for assistance if you would be so kind.
A few years ago I signed a personal guarantee to the sum of £30K for an overdraft with the RBS.
Last year through the difficult economic times, sadly we had a winding up petition served & the company was placed into liquidation.
The Ltd. Co. at that time had a positive balance, but because the bank didn't act quickly after the petition was published in the Gazette, many standing orders, & direct debits, wages etc came out of the account. After this, despite me phoning them & informing them that a petiton had been served (& by this time granted) it still took at least 3 weeks before they froze the account, by which time the account was left minus £20K, which the RBS Solicitors are now looking to recover via the PG.
I have wrote to them explaining the above & await their reply.
Some other info, I was the largest creditor (c £150K, followed by HMRC c £50K)
I look forward to the replies.
Many thanks
MGA