Natwest personal guarantee issues

[Jaffaboy]

Please can someone help with the below question:-

 

When I spoke to business collections they said I had a pg for 25000.

 

But I have paperwork which came through to me me nov 11 to confirm renewal of overdraft of 10000.

 

On back it states pg they have on record for me , but am confused which one is correct . It says the bank has the following security:-

 

A) guarantee dated 7/10/08 limited to 11000

 

b)guarantee dated 16/09/08 limited to 10000

 

Just first of all checking which ones are valid or are both , even though I'm certain I only signed paperwork once.?

 

Also would this official paperwork be enough to counteract there claim that there records say I have guarantee for 25000 ?

 

Many thanks again

[havinastella]

Hi Jaffa.

 

There a few threads on the same subject, I shall alert the ones in the know.

 

Jogs

[Jaffaboy]

Many thanks , anyone that can help feel free to pm me also. Everyone is so helpful on here.

[MARTIN3030]

It seems RBS and Natwest have been prolific in these PGs.

You could do with looking at the agreements which they must have copies of.

Can you confirm this was a business account ?

Was it a limited company ?

Were you asked to sign away any rights of protection under CCA ?

[HP Mum]

Did you ever resolve this issue ?

 

I have a similar situation.

PG in 98 and then another few years later and they have bundled the two together to make a bigger personal liability against a Ltd Co debt.