Personal guarantee dilemma

[AnthonyC]

A guy I know took out quite a large loan for his then girlfriend to start a business. As you can probably guess, they are no longer together and the money has gone. The business never got going and she rode off with the money.

Does he have a leg to stand on here re paying the money back, or is there any way he can ease the situation ? The money was lent on a Personal Guarantee on his house.

Any advice / experiences welcome.

Thanks

[AnthonyC]

I understand it was just him who signed for it. I'm guessing the bank would be acceptable to extending payment terms etc. Currently he is paying £3k per month !

Thanks for the response

Anthony