How to Escape from a Property Suretyship

How to Escape from a Property Suretyship

How to Escape from a Property SuretyshipKVV Inc Attorneys
Published on: 04/03/2025

Signing surety for another's debt is risky, as the ancient philosopher Thales warned. Directors often sign personal suretyships for company debts, seemingly safe initially. However, when problems arise, these agreements can be devastating. A recent court case highlighted a rare escape route: proving the bank misrepresented or failed to disclose crucial information, like a hidden bond on a property.

Litigation
Signing Surety – The Sting’s in the Tail

Signing Surety – The Sting’s in the Tail

Signing Surety – The Sting’s in the TailKVV Inc Attorneys
Published on: 04/03/2025

Signing Surety – The Sting’s in the Tail

Bank And Financial

KVV Inc. Attorneys: Celebrating 10 Years of Excellence in Property Law and Conveyancing.

Fostering Partnerships, Driving Results.

© KVV Inc. Attorneys 2025. All Rights Reserved. Privacy Policy | POPIA

KVV Inc. Attorneys: Celebrating 10 Years of Excellence in Property Law and Conveyancing.

Fostering Partnerships,

Driving Results.

© KVV Inc. Attorneys 2025.

All Rights Reserved. Privacy Policy | POPIA