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What is the spelling of guaranter?
guaranter
Does a guarantor have to sign a lease for his responsibility as the guarantor?
Yes
What are my rights as a guaranteer?
Assuming that there is a written agreement showing that you agreed to serve as a guarantor on behalf of a creditor, the guarantor (or as you call it, a guaranteer) generally has the same rights and defenses against a creditor as the debtor would have. Often, the written agreement guaranteeing the creditor, will spell out what rights and defenses a guarantor may assert.
How do you spell the word sponcer?
There is no such word, or a need for one. The word "sponsor" is already a noun applied to a person, group, or company.
What are the duties of a guarantor?
When a person does not have good enough credit to secure a loan or financing on their own, they need a guarantor. A guarantor is a co-signer, and that means if the person taking out the loan does not make the payments, then the guarantor has to make the payments.
Does a sponsor have to be the same sex as the person being confirmed?
No, a sponsor can be male or female, so a boy can have a female sponsor and a girl can have male sponsor if they choose. The sponsor should be practicing Catholic who has received Confirmation, age 16 or more, and not a parent.
Can you cancel an agreement being a guarantor?
No, you can not stop being a guarantor to an agreement while the terms of that agreement are in force. Thus if you are a guarantor for rent and the person your are guaranteeing fails to pay the rent - YOU must pay the rent.If you a guarantor to a loan and the person with the loan defaults, YOU must pay off the loan.This is what it means to be a guarantor - you can not get out of the agreement when things begin to go wrong.Think VERY carefully before being a guarantor to ANYTHING.
In corporate law is trustee for debenture holder also known as a guarantor?
No, trustee is different from a guarantor.
What happens if a guarantor dies and the loan is defaulted upon?
I was wondering the same thing. My father was the loan guarantor of my daughter's college loan, and he passed away a couple of years ago. Letters are still being mailed to an address where he never lived.
How do you use the word guarantor in a sentence?
His father acted as guarantor when he got the loan from the bank to buy the house.
How long do i have to be a guarantor?
The length of time you are required to be a guarantor typically depends on the terms of the agreement you are guaranteeing. It is important to carefully review the contract or agreement to understand your responsibilities as a guarantor, including the duration of your commitment.
Who is the responsible person for a medical bill?
The guarantor is the person responsible for a medical bill. For a child, the guarantor is usually a parent.
