Quote Originally Posted by daveob View Post
I don't imagine that any other agreement that you, as the signature on the surety, has with a third party, would have any influence on the surety you signed for me ( unless I had previously accepted the transfer ). How would the supplier be able to verify the credit worthiness of the new owner without being made aware of the fact ?
Well there's the key right there.

What you need really is a release from suretyship from each of the suppliers at which you are a surety for the cc. I'd suggest getting the same from the bank too. And then keep them somewhere really safe.

Obviously the goal is to ensure as smooth a transition as possible, which gives a perfectly valid reason for you to be active in the process; going to each of the creditors, introducing the new owner, making sure any necessary amendments are made to the contracts of the cc, and getting your signed release!