How to escape from a property suretyship
“Suretyship is the precursor of ruin” (Thales of Miletus, one of the Seven Sages of Ancient Greece) As the philosopher and mathematician Thales pointed out two and a half millennia ago, signing surety for another’s debts carries huge risk. Yet every day directors of property holding companies happily sign personal suretyships for their company’s (usually […]