Monthly Archives: April 2019

Archive of posts published in the specified Month



General Rules Under the guarantee agreement, a person guarantees to satisfy the creditor an obligation assumed by the debtor, if he does not comply. The bond will be given in writing, and does not admit extensive interpretation. The bond can be stipulated, although…


What Happens to a Second Bond After an Act Instead?

  Homeowners have options for getting out under mortgages they can no longer afford. Many borrowers accept an act rather than negatively to the cost of repossessing a property. The benefit of accepting an act of the lender is less if there is…