It is a purpose as for the prevention of the money lending and borrowing trouble by the guarantor and the cosigner. It explains notes of the adjustment of debts of a voluntary bankruptcy and an arbitrary arrangement.

Danger fully : the guarantor.

What is the guarantor?

When the debtor was not able to return money, the person who owes the obligation to repay instead of juridical and the debtor is called a guarantor though it is likely do not to have to explain now.

The obligation to pay taking the place when the debtor flees by night or it was not possible to pay if it is acknowledged that you become a guarantor is caused. It is not possible to escape from the obligation even if you do not know the guarantor's law meaning and it acknowledges it.

Especially, to the guarantor of the person who borrows money be to become a standpoint almost similar to the person at the same time. The guarantor is made to be going to shoulder a big unpredictable risk during the future.

It starts reducing the risk by putting up the guarantor who pays it off when the debtor was not able to repay it from the creditor.

Therefore, the creditor obstinately requests the payment of the debt from the guarantor naturally if judged that the claim cannot be collected from the person who lent money.

- Contract relation image chart of guarantee

It is a creditor the other party at whom the guarantor places a contract and not acquaintance's debtor to would like you to note it here. (Refer to the above figure. )

It is a mistake though tend to be caught in the image contracted to acquaintance's person because the person of an indebted acquaintance is bowing.

The cautionary obligation is an obligation to bear responsibility for the purpose is not the debtor but the creditor. Therefore, it is necessary to judge whether to stand surety earnestly carefully when.


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