Law Guarantee

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Debt Assumption by former Guarantors Agreement
This Agreement for Debt Assumption by former Guarantors was executed by John O. Big, Inc., a Massachusetts corporation (“JOB”), John O. Big International, Inc., a Massachusetts corporation (“JOBI,” and together with JOB, the “Assignors”), I-Quadro Holdings, Inc., a Delaware corporation (“IQHI”), and I-Quadro, Inc., a Delaware corporation and wholly-owned subsidiary of JOBI [...]

20 Dec, 2008

Signing a loan document as a guarantor

Posted by: webmaster In: LawGuarantee

Must I guarantee my friend’s loan?
Question: A friend asked me if I can sign on her loan document as guarantor. She’ll use the money to buy a small home in their province. What happens when a person signs as guarantor to a loan?
Answer: Banks and financial institutions grant loans to individuals who have passed stringent [...]


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