A guarantor’s liability depends on the terms of the guarantee. In many cases, guarantors may be directly liable for the borrower’s default.
What liability does a guarantor assume?
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A guarantor’s liability depends on the terms of the guarantee. In many cases, guarantors may be directly liable for the borrower’s default.Disclaimer: This article is provided for general information only and does not constitute legal or other professional advice. By accessing or using this article, you acknowledge and agree to be bound by this website’s Disclaimer and Terms of Use.
AuthorWayne Smith
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