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Reply: 1.1.1.1 From: Paul Zagoridis I agree with what See Change said Wei. Also how can you know it is a loophole if you don't have a background in corporate structures and business? Has someone told you it is a loophole? I suspect yes, but what is their agenda? Have you experienced...

Reply: 1 From: Paul Zagoridis 1) You are required on most loan application to declare contingent liabilities. 2) Guarantors often get a CRAA enquiry - Rolf may be able to confirm this. 3) non-disclosure can lead to criminal charges if it goes pear-shaped. Why risk it? 4) Directors fees are...