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            <div class="dfb_head gen_head">&nbsp;<div class="dfb_head_title"><h2 class="dfb_color">Documents for Business</h2>In excess of 1,000 customisable documents covering every conceivable business issue.</div></div>            	<div class="grid_8 alpha"><div class="doc_box shadow borderSolid"><h2 class="doc_header borderBottom dfb_color dfb_border">Introduction to this document</h2><div><h1 class="Introtitle"><span>Demand to guarantor</span></h1><p class="Introintroduction"><span>If you’ve lent money to someone, either personally or through your business, that has been guaranteed by a third party, and you want to call in your debt, use</span><span>&#xa0;</span><span>this letter to demand payment by the guarantor.</span></p><p class="Introsubtitle1"><span>Joint and several liability?</span></p><p class="Introbody"><span>If there is more than one guarantor, each of them will be fully liable, subject to the guarantee agreement not saying otherwise.</span></p><p class="Introbody"><span>Ensure that you serve notice on each of the guarantors of your intention to call in the debt on the terms of their guarantee.</span></p><p class="Introsubtitle1"><span>Whom to sue?</span></p><p class="Introbody"><span>If the matter comes to court, be selective in your choice of guarantor and choose the one with the deepest pockets. </span><span>You may wish to pursue them all and obtain judgments against each of them. However, do not waste legal fees in enforcing judgment against those without the means to pay. Remember you can ask for each judgment debtor to be examined by the court under oath as to their financial means.</span></p><p class="Introsubtitle1"><span>Allow the time to pay</span></p><p class="Introbody"><span>Be reasonable in your timescale for payment from the guarantor. </span><span>Remember they won’t be expecting to pay up and may not have the means to pay immediately. Therefore, 28 days should be the minimum payment period.</span></p></div></div></div><div class="grid_4 omega"><div class="doc_box roundBig borderSolid metadata"><h3 class="doc_header borderBottom dfb_color dfb_border">Document</h3><div class="borderSolid shadow floatLeft"><img src="https://d3sxy2z0ijo7zx.cloudfront.net/alf/uk/thumbs/744/24744.png" alt="Demand to guarantor" /></div><div class="clear"></div><div class="centerText"><a href="/login/documents_for_business/tax_and_business/documents__letters_and_contracts_for_business/business_letters/demand_to_guarantor/models/doc-kt_7389_24744_4023" class="roundBig doc_download">Download now</a><a href="#" class="small dfb_color" id="altdownload">Problems downloading ZIP files?</a></div><span class="docdate floatLeft">15.07.2009</span><div class="clear"></div><div><strong>File size:</strong> 94.02K</div><div class="floatLeft"><strong># Pages:</strong> </div><div class="floatRight"><strong>Format:</strong> <img src="/images/documents/ico/docx.gif" alt="" title=""/></div><div class="clear"></div></div><div id="reldocs" class="doc_box roundBig borderSolid doc_rel"><h3 class="doc_header borderBottom dfb_color dfb_border">Related documents</h3><ul class="ul_doc_rel"><li><a href="/documents_for_business/tax_and_business/documents__letters_and_contracts_for_business/business_letters/demand_for_delivery_of_goods/models/doc-kt_7389_24743_4029">Demand for delivery of goods</a></li><li><a href="/documents_for_business/tax_and_business/documents__letters_and_contracts_for_business/business_letters/unsolicited_goods/models/doc-kt_7389_24757_4017">Unsolicited goods</a></li><li><a href="/documents_for_business/tax_and_business/documents__letters_and_contracts_for_business/business_letters/invoice_reminder_letter/models/doc-kt_7389_24745_4005">Invoice reminder letter</a></li><li><a href="/documents_for_business/tax_and_business/documents__letters_and_contracts_for_business/business_letters/letter_disputing_an_invoice/models/doc-kt_7389_24748_4011">Letter disputing an invoice</a></li><li><a href="/documents_for_business/tax_and_business/documents__letters_and_contracts_for_business/business_letters/damaged_goods_acceptance_letter/models/doc-kt_7389_24741_4007">Damaged goods acceptance letter</a></li><li><a href="/documents_for_business/tax_and_business/documents__letters_and_contracts_for_business/business_letters/models/f-7389">More...</a></li></ul></div><div id="reldocs" class="doc_box roundBig borderSolid doc_rel"><h3 class="doc_header borderBottom dfb_color dfb_border">Recommended documents</h3><ul class="ul_doc_rel"><li><a href="/documents_for_business/workplace_and_environment/health_and_safety/transport/risk_assessment___safety_for_delivery_drivers_of_vehicles_up_to_1_500kg/models/doc-kt_7427_25604_3101">Risk assessment - safety for delivery drivers of vehicles up to 1,500kg</a></li><li><a href="/documents_for_business/tax_and_business/financial_management_and_accountancy/reporting/variance_report/models/doc-kt_7928_27709_27337">Variance report</a></li><li><a href="//models/doc-kt___"></a></li><li><a href="/documents_for_business/workplace_and_environment/health_and_safety/health_and_safety_management/damage_defect_report/models/doc-kt_7423_25483_14861">Damage/defect report</a></li><li><a href="//models/doc-kt___"></a></li></ul></div></div><div class="clear"></div><div id="ctaltdownload" class="roundBig doc_alt_download"><div class="doc_alt_download_left floatLeft dfb_color">Download each file separately</div><div class="floatRight"><a href="#" id="altdownloadclose" title="Close">X</a></div><div class="clear"></div><div id="ctaltdownload_int" class="doc_alt_download_int">	<div class="borderSolid shadow floatLeft"><img src="https://d3sxy2z0ijo7zx.cloudfront.net/alf/uk/thumbs/744/24744.png" alt="Demand to guarantor" /></div><div class="floatLeft"><ul><li class="pdf"><a class="dfb_color" href="/login/documents_for_business/tax_and_business/documents__letters_and_contracts_for_business/business_letters/demand_to_guarantor/models/doc-kt_7389_24744_4023">Document introduction</a></li><li class="docx"><a class="dfb_color" href="/login/documents_for_business/tax_and_business/documents__letters_and_contracts_for_business/business_letters/demand_to_guarantor/models/doc-kt_7389_24744_4023">Document in original format</a></li><li class="pdf"><a class="dfb_color" href="/login/documents_for_business/tax_and_business/documents__letters_and_contracts_for_business/business_letters/demand_to_guarantor/models/doc-kt_7389_24744_4023">Document in PDF format</a></li><li class="pdf"><a class="dfb_color" href="/login/documents_for_business/tax_and_business/documents__letters_and_contracts_for_business/business_letters/demand_to_guarantor/models/doc-kt_7389_24744_4023">General information about this document</a></li></ul></div><div class="clear"></div></div></div>

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