Your friend made a controversial request - to become a loan guarantor. It is inconvenient to refuse. And what could happen? The comrade has a stable job. The agreement is an empty formality. Do not hurry. Ask what he will do in the event of a life force majeure? After all, as soon as the borrower is late in paying the payment at least once, the bank will immediately remember the one who vouched for him. It is on your shoulders that all financial responsibility for the issued loan will fall.
It is necessary
- - surety agreement
- - copy of the loan agreement
- - personal income tax certificate
- - copy of Russian passport
Instructions
Step 1
Contact your friend urgently. The bank's goal is to get your funds back. Therefore, in the event of a delay in the monthly payment, an employee of the credit institution will call the guarantor and verbally ask to make a payment for the unlucky borrower. You need to establish the reason for the delay in order to know how to proceed. Sometimes it's just a misunderstanding, and the situation will resolve itself. If not, get ready to fork out.
Step 2
Don't hide from bank employees. Go to contact. Provide all the addresses and phone numbers of the unscrupulous comrade. As a rule, banks try to repay the debt from the debtor himself to the last, and only in case of his incapacity, complete insolvency or death, they will turn to the guarantors.
Step 3
Convince the borrower to sell personal property and pay off the debt. If it is already pledged, the bank can put it up for sale without the borrower's consent. The guarantor will pay only the difference if the value of the sold property is not enough to fully repay the loan.
Step 4
Remember that you can only force the guarantor to pay the loan through a court. You are being called to account - hire lawyers. If there are several guarantors, demand that the amount of the debt be divided among all. But payments can be uneven - depending on the life circumstances of each. If you still had to pay off the debt for the borrower, then now it is to the guarantor that all the rights of the lender are transferred. And now you will demand a refund from him through the court.
