LRC Reports

Guarantees of Consumer Debts (1979)

Keywords: guarantee; guarantor; consumer; debt; indemnity; negotiable instrument; surety; reimbursement; disclosure; security; subrogation; exoneration; minor; quia timet; discharge; contract; liability; exclusion; contracting out; waiver

A creditor often seeks protection from a potential default by a debtor by demanding that a third party undertake to make good any default that might occur. This third party is called a guarantor; the agreement with the creditor is a guarantee. This project is concerned with the special considerations involved when an individual guarantees a consumer debt.

Project Downloads

Below you will find additional, relevant and specific documentation, backgrounders, research, resources, media releases and summaries that have been, or will be incorporated into our final publications and study papers.
If you have questions about these or other specific documents, please reach out to BCLI using our contact page or at the bottom of each page of our website.