The only option is to look at the guarantee program. Lender can take away your collateral. You can hardly do anything.

I had pledged my property as collateral for a business which collapsed recently. That was quite a few years ago and now I'm being pursued by the lender for this debt. What do I do?

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You need to provide more detailed information. However, from the little information you've provided, there appears very little you can actually do. You might undertake a detailed inspection of the guarantee program if you so wish, though there's hardly anything that might help.


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