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BR and going Guarantor
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stiffnuts69
Posts: 442 Forumite
My friend is going BR and is a gurantor
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This gets written off in bankruptcy and they will not be able to come after you. Make sure the OR knows of the potential liability. If the debt was in joint names you should let any other guarantor know you are going Bankrupt as the other guarantor could be liable for the whole amount.
Regards
XXbigman's guide to a happy life.
Eat properly
Sleep properly
Save some money0 -
yes what Xbigman says, bankruptcy debts woud include any contigent liabilities including personal guarantees which have not yet been called in. just inlcude on the list of creditors.0
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