To (hopefully) clarify: • Person A had a commercial rental lease. This was signed by Person A in their capacity as director of Company 1. • Person A was later made bankrupt by a creditor for outstanding debts and Company 1 was liquidated. For whatever reason - the real estate agency was not made aware of the bankruptcy. • Person A now registers a new company (Company 2) to Person B and advises the real estate agency that Company 1 has been liquidated voluntarily as a means to write off a few creditors. • The real estate agency creates a new lease (based on the previous one) however it is executed by Person B in their capacity as director of Company 2. • Person A signs as guarantor on the new lease for Company 2. • Company 2 is involved in a volatile industry which could turn sour at any time. If Person B falls behind on rent payments to the point where the realtor pursues legal action against Person A in their capacity as guarantor, what will happen when they realise Person A was bankrupt at the time of signing the new contract?