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bob1979

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  1. Hi, im after some advise if anyone can help I set up a limited company in 2014 with another person, early 2018 i resigned from the company and sold my shares to the other director, a contract was signed by both of us and in the contract there is a clause saying that the named director will remove me from any personal guaranees that i might have given, according to travis perkins he other director hasnt removed me from any perosnal guarantee ,and im not in contact with the other director The company went in to admistratation november 2019, january i received a letter before action from travis demanding that had to pay nearly 25k on a personal guarantee, nearly 5 months now i have spent quite a bit of money solicitor fees but travis are not going away and very aggresive, have shown them the contract signed by both of us and also from companies house i was removed on the date i resign
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