CONSIDERATIONS ON SURETYSHIP
CONSIDERATIONS ON SURETYSHIP

Summary/Abstract: In regard to the debtor, the creditor is often exposed to risks. Therefore, it may happen that on the due date, the debtor is in a state of insolvency and can no longer perform the obligation. As the general pledge of unsecured creditors is insufficient in the event of the debtor’s insolvency, the creditor has an interest in obtaining a guarantee of his claim. It is about those special guarantees that the creditor can stipulate in order to protect himself from the risk of the debtor's insolvency. They are broadly classified into personal guarantees and real guarantees.

• Details
• Contents