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Independent legal advice on a personal guarantee, debenture, or lender document. Often required by banks and lenders before they will accept a guarantee. Single person, single document.
What’s included:
Review of the document on which you need independent legal advice.
A meeting or call to explain the document, its effect, and the risks to you.
A signed ILA certificate confirming that you have received independent legal advice.
Suitable for personal guarantees, debentures, charges over personal assets, and similar lender documents.
What’s not included:
Negotiation with the lender.
Advice on multiple documents or for additional persons (£295 per additional person or document).
Tax advice (including VAT, corporation tax, income tax, capital gains tax, and stamp duty).
FAQ
Q: Why do I need independent legal advice?
A: Lenders typically require that anyone giving a personal guarantee or other security has received independent legal advice from a solicitor. This protects both you (by ensuring you understand what you are signing) and the lender (by reducing the risk that the guarantee could be challenged later).
Independent legal advice on a personal guarantee, debenture, or lender document. Often required by banks and lenders before they will accept a guarantee. Single person, single document.
What’s included:
Review of the document on which you need independent legal advice.
A meeting or call to explain the document, its effect, and the risks to you.
A signed ILA certificate confirming that you have received independent legal advice.
Suitable for personal guarantees, debentures, charges over personal assets, and similar lender documents.
What’s not included:
Negotiation with the lender.
Advice on multiple documents or for additional persons (£295 per additional person or document).
Tax advice (including VAT, corporation tax, income tax, capital gains tax, and stamp duty).
FAQ
Q: Why do I need independent legal advice?
A: Lenders typically require that anyone giving a personal guarantee or other security has received independent legal advice from a solicitor. This protects both you (by ensuring you understand what you are signing) and the lender (by reducing the risk that the guarantee could be challenged later).