Demand notice for personal guarantor insolvency: Form-based application requires fee and service to guarantor and corporate debtor. A demand notice for payment of default must be served on the guarantor in Form B. The creditor must submit an application in Form C with the prescribed application fee and shall forthwith serve a copy of that application on the guarantor and on the corporate debtor for whom the guarantor stands. Where creditors apply jointly, they may nominate one creditor to act on behalf of all.