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Reduction of Director's Liability Under Personal Guarantee

In August 2011 we were appointed Liquidator of a building maintenance company in West Wales. The company owned property over which the bank held security and the director had also given a personal guarantee for this debt. The Bank agreed to Byrne Associates conducting the marketing of the property and after a fairly lengthy period of marketing the property was sold enabling a repayment to the bank and as a result a substantial reduction in the director's personal liability.   

We have worked with Byrne Associates for more than 20 years, providing RICS accredited valuations to a diverse range of businesses. Byrne's expertise has been evident on the numerous occasions we worked together Sam Ewing (Bristol Commercial Valuers and Auctioneers )

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