14/10/2026
The company went into liquidation. Two years earlier, the director signed a personal guarantee.
Liquidation ends the company. It does not usually release the guarantor.
If your credit application or terms of trade include a personal guarantee, the debt may still be recoverable from the person who signed it.
Two things worth checking today:
• Does your credit application include a guarantee?
• Did the director sign it personally, not just for the company?
If the answer is no, fix it before the next account goes on credit.
More on guarantees: nzdebtrec.com/services/personal-guarantees/
General information only, not legal advice.