Australia Law

Have Australian law questions? Ask a lawyer now.

Ask a Lawyer,
Get an Answer ASAP!

I have a commercial loan as personal guarantee with a

Customer Question
Hi i have a...

Hi i have a commercial loan as personal guarantee with a business partner we are unable to meet our repayment the finance company are going to garnish my wages

Lawyer's Assistant: Because consumer protection law varies from place to place, can you tell me what state this is in?

Dies that mean bith parties

Lawyer's Assistant: Has anything been officially filed? If so, what?

Nsw

Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?

Nothing there's talk

Submitted: 7 months ago.Category: Australia Law
Show More
Show Less
Ask Your Own Australia Law Question
Answered in 5 minutes by:
1/19/2018
Solicitor: Leon, Solicitor replied 7 months ago
Leon
Leon, Solicitor
Category: Australia Law
Satisfied Customers: 46,918
Experience: BEc Dip Ed, Dip Law (SAB) MTax (UNSW)
Verified

Hi, I am Leon, a NSW Solicitor. I will be assisting you with your question today. I may ask a few questions. I can call you for an extra fee.

Ask Your Own Australia Law Question
Solicitor: Leon, Solicitor replied 7 months ago

Good Afternoon

You are both liable as individuals for the whole of the loan.

Have they sued you and do they have judgement?

Ask Your Own Australia Law Question
Solicitor: Leon, Solicitor replied 6 months ago

Good Morning

I am following up my last post.

Is there anything else I can assist you with?

I look forward to hearing from you

Regards

Leon

Ask Your Own Australia Law Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a solicitorLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Deborah Awyzio Your Own Question
Deborah Awyzio
Deborah Awyzio
Deborah Awyzio, Solicitor
Category: Australia Law
Satisfied Customers: 863
863 Satisfied Customers
Experience: Bachelor of Laws (QUT), BIT (QUT), Family Law Accredited Specialist, over 12 years experience

Deborah Awyzio is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Deborah Awyzio

Deborah Awyzio

Solicitor

863 satisfied customers

Bachelor of Laws (QUT), BIT (QUT), Family Law Accredited Specialist, over 12 years experience

Sean

Sean

Experienced lawyer

855 satisfied customers

Law degree with 1st class honours from Australian National University.

James G.

James G.

Lawyer

17 satisfied customers

Australian Legal Practitioner

Darren Kruse

Darren Kruse

Solicitor

16 satisfied customers

Practising in in Personal Injury, Workcover, Civil Disputes, Family, Wills and Estates and Criminal law.

Leon

Leon

Solicitor

46,918 satisfied customers

BEc Dip Ed, Dip Law (SAB) MTax (UNSW)

Daniel

Daniel

Solicitor

5,976 satisfied customers

Bachelor of Laws (dist) Graduate Diploma in Legal Practise. Admitted NSW Supreme Court / High Court

John Melis

John Melis

Lawyer

3,352 satisfied customers

Principal Lawyer at Legal AU Pty Ltd

< Previous | Next >

Related Australia Law Questions
Are NEIS payments judgement proof like centrelink pay,ents?
Are NEIS payments judgement proof like centrelink pay,ents? … read more
Leon
Leon
Solicitor
46,918 satisfied customers
Bank loans money to a company to purchase land. Company has
Bank loans money to a company to purchase land . Company has no individual means to service loans except from rent/lease payments from land purchased Company leasing properties is embezzled by solicit… read more
Leon
Leon
Solicitor
46,918 satisfied customers
Purchased car from car yard Signed contract under 24hrs ago
Purchased car from car yard Signed contract under 24hrs ago Cannot afford repayments. Traded car. What can we do legally as far as pulling out of contract and getting back our car we traded in.… read more
Leon
Leon
Solicitor
46,918 satisfied customers
Myself and my business partner are equal shareholders and
Myself and my business partner are equal shareholders and directors of a company ("our company"). We developed software and my business partner was the developer, whilst I was the sales/marketing dire… read more
Leon
Leon
Solicitor
46,918 satisfied customers
Do equipment financing companies need to be licensed if they
Do equipment financing companies need to be licensed if they are doing business to business leases with interest components and getting personal guarantees?… read more
Leon
Leon
Solicitor
46,918 satisfied customers
I want to file of fudical duties and money miss- management what forms do i n
I want to file of fudical duties and money miss- management what forms do i need also a anton pillar request \… read more
Leon
Leon
Solicitor
46,918 satisfied customers
Is it legal person to draw up a contract employed by
Is it legal for a person to draw up a contract employed by a finance company and witness the contract himself and not using any other witnesses.… read more
James D. Ford
James D. Ford
Lawyer
1,600 satisfied customers
my partner went bankruptcy now is in discharge which will end
my partner went bankruptcy now is in discharge which will end on the 24.10.2016, he has a transport business delivery freight is doing ok, if he decides to becomes PTY LTD and I become executive for t… read more
Leon
Leon
Solicitor
46,918 satisfied customers
Hi, my former partner is bankrupt because of a failed company
Hi, my former partner is bankrupt because of a failed company in his name. Because of this, I had to be the director of any new companies, even though he was shadow directing (yes, yes, i know, very s… read more
Leon
Leon
Solicitor
46,918 satisfied customers
I run a small business that is owned by two companies, I am
I run a small business that is owned by two companies, I am director of one company and my business partner is director of the other company. When we took out a business loan, I was the only one that … read more
Leon
Leon
Solicitor
46,918 satisfied customers
Hi, we bought a franchise 1 year ago but what we didnt know
Hi, we bought a franchise 1 year ago but what we didn't know is the amount of the bank repayment and the interest. Our business cannot pay that amount monthly ($12000). On top of that the NAB bank has… read more
Havenlawyer
Havenlawyer
2,531 satisfied customers
I am in Victoria and a 50% Shareholder and one of 2 Directors
I am in Victoria and a 50% Shareholder and one of 2 Directors in a small company. Over the years I have lent significant sums of money to the business to help keep it afloat. The company now has the f… read more
Havenlawyer
Havenlawyer
2,531 satisfied customers
I have had a first hearing regarding an outstanding debt with
I have had a first hearing regarding an outstanding debt with my 2 x companies that are pty ltd companies. I have been advised it will now go into mediation for a hearing. The thing that bothers me is… read more
Leon
Leon
Solicitor
46,918 satisfied customers
my wife went garantuer for our son for him buy a car with out
my wife went garantuer for our son for him buy a car with out my knowledge, my wife and i are business partners and we do not take a wage. Is she responsible to make the car payments now that he is go… read more
Leon
Leon
Solicitor
46,918 satisfied customers
I signed a legal document as guarantor, the document had its
I signed a legal document as guarantor, the document had it's company details to another business without my knowledge & I am now being held liable for a cost of $50k for something that I did not sign… read more
Leon
Leon
Solicitor
46,918 satisfied customers
hi,i got a secured loan using my vehicle to consolidate my
hi,i got a secured loan using my vehicle to consolidate my car loan with another creditor and consolidate one of my major credit cards.Instead of paying the money into the abovementioned accounts they… read more
Leon
Leon
Solicitor
46,918 satisfied customers
I am a widow and have helped my son in law purchase his business
I am a widow and have helped my son in law purchase his business by allowing him to mortgage my home.I wanted to change my situation after my husband died 5yr duration of allowing son in to get on his… read more
Deborah Awyzio
Deborah Awyzio
Solicitor
Bachelor's Degree
863 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x