About this document
Foreclosure Rights in Guarantor Cases by Zirk Tan is a document available to read on EtoBox.
The document discusses a case where a guarantor mortgaged real estate to secure a debt owed by another person. When the debtor failed to pay, the creditor filed to foreclose on the mortgaged property. The guarantor argued the creditor did not intend to collect from the debtor first. The ruling was that when a mortgage is given as security, the creditor can foreclose without exhausting the debtor
- Author
- Zirk Tan
- Language
- EN