SBR is a company-level process, so it restructures company debts rather than personal ones. However, entering SBR is a recognised response to Director Penalty Notices (DPNs) that can reduce personal liability exposure depending on the type of DPN and when it was issued. Personal guarantees you’ve signed for supplier or bank debts remain separate obligations. An SBR-experienced lawyer can assess your personal exposure alongside the company restructure during your free consultation.
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