Alex Watts : Hello my name is Alex and I will help you with this. Please note that I am a working Solicitor and may be on and offline as I have to attend Court and meet with clients, even at weekends. As such you may not get an instant response when you reply, but rest assured I will be giving your question my immediate attention upon return You do not need to wait here as you will get an email when I reply.
Alex Watts : Did you sign any personal guarantees please ?
Only on office rent which has since expired.
Alex Watts : In that case no, you will not be personally liable.
Alex Watts : You are only personally liable for any debts which are given a personal guarantee.
Alex Watts : Can I clarify anything for you about this today please?
So as a previous Director and current shareholder there should be no financial implications for me?
Alex Watts : Yes that is right.
Alex Watts : Does that help?
Thank you, yes.
Alex Watts : If this answers your question could I invite you leave feedback on my service which I hope has been excellent today, if you need more information or help then please click reply.Please remember that I am always happy to help if you have future questions, even if I am in Court I can normally respond within a few hours. For future information, please start them with ‘For Alex W’.Please bookmark my profile if you wish for future help: http://www.justanswer.co.uk/law/expert-alexwatts/