What is a loan with a solvent guarantor?
A guarantor is a person, often a family member, who takes responsibility for the loan with you and agrees to repay it if you default.
Questions reliées
- Can my bankruptcy be denied? If so, why?
- I moved to the Magdalen Islands and I would like to know if I can declare bankruptcy from here or if I must return to the region where I lived in the last year.
- I owe Emploi-Québec for overpayments. Would personal bankruptcy release me from this debt? It concerns social assistance benefits that were overpaid.
- I want to file for personal bankruptcy and I'm wondering how long it will take to be discharged afterwards if there are no objections from creditors?
- I would like to know how much the trustee's bill is? Is it calculated based on the amount of the bankruptcy or is it a fixed rate? Is it the same amount for a business bankruptcy as for a personal bankruptcy?