This is not a general guarantee for the payment of a debt but is only to be used as a guarantee where the creditor has commenced legal proceedings against the debtor for payment of an outstanding debt and interest. With this guarantee, the creditor promises to cease proceedings with the understanding that if the debtor does not pay, the guarantor will pay the debt in a series of instalments as specified within the guarantee.
As part of this service, Nelsons will complete a Limited Review which will include reviewing the answers you input to the system, answering any reasonable questions you may have and making minor changes required to ensure you receive a document that is suitable your requirements based on the answers you gave the system. The time we spend on your document is limited, but designed to fit most people’s needs. Should your document require significant extra work, we will provide you with a quote for the additional work.