Current location - Quotes Website - Personality signature - The guarantor of the IOU only has the signature, ID number and handprint, and does not write any guarantee scope.
The guarantor of the IOU only has the signature, ID number and handprint, and does not write any guarantee scope.
According to Article 18 of China's Guarantee Law, if the parties agree in the guarantee contract that the guarantor and the debtor are jointly and severally liable for the debt, it is a joint liability guarantee. If the debtor of joint and several liability guarantee fails to perform the debt at the expiration of the debt performance period agreed in the main contract, the creditor may require the debtor to perform the debt, or may require the guarantor to assume the guarantee liability within the scope of its guarantee.

Article 19 If the parties have not agreed on the method of guarantee or the agreement is unclear, they shall bear the guarantee liability according to the joint and several liability guarantee.

So as long as your guarantee scope is that the guarantor fails to perform the debt, the creditor can recover from the debtor or directly from you, because the guarantee method like yours belongs to joint and several liability guarantee.