Advice please,
I am a bankrupt. I had a business loan (company dissolved) with UB. Myself and business partner both signed as guarantors. Business failed and he agreed a repayment structure for his half of the debt (not sure if it was formal agreement for only half or not, I've asked him to look up his contacts with them) I went Bankrupt and included them on the form for the whole amount. He has paid the 3.5K and has now stopped his standing order. he received 4 calls from a private number today, no message left. He presumes it is them. Is he liable for the whole amount even though they have been included in my bankruptcy as a creditor?
I am a bankrupt. I had a business loan (company dissolved) with UB. Myself and business partner both signed as guarantors. Business failed and he agreed a repayment structure for his half of the debt (not sure if it was formal agreement for only half or not, I've asked him to look up his contacts with them) I went Bankrupt and included them on the form for the whole amount. He has paid the 3.5K and has now stopped his standing order. he received 4 calls from a private number today, no message left. He presumes it is them. Is he liable for the whole amount even though they have been included in my bankruptcy as a creditor?