|Canada Legal .com
Directory of Canadian Legal Resources
Guarantee of All Debts - Unlimited
This form provides for a guarantor for the repayment of a debt. This guarantor is, in effect, a co-signer for all of the obligations of a borrower to a specific lender. The guarantor agrees that if any of the payments are late or not paid, they will make the payments. The guarantor also agrees that the guarantee may be enforced without having to first sue the borrower for defaulting on the debt. A mere default by the borrower without any court action will suffice to require the guarantor to make good on the obligation. This particular form differs from other guarantees in that there is no set limit to the guarantors obligations under the agreement .
See form: Guarantee of All Debts - Unlimited
Note: Some forms not suitable for use in the province of Quebec. Check form details.
NOTICE: E.&O.E. See important legal disclaimer (www.canadalegal.com/legal.asp)
|©1998-2018 Canada Legal .com||Oct 20, 2018|