Hi! I’m panicking a bit. I wanted to set up a limited by guarantee company as part of a new community club in Forfar, Scotland, and didn’t realise this company type needs to have a guarantor. As I was setting this up myself, I stuck my own details on the application. Now, though, I’m nervous. I don’t even know what a guarantor is supposed to do! What are their responsibilities? And what will be expected of me? Thank you!
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