Questions & Answers
Liability of the guarantor if the person who took a bank loan stops paying
Please help me.
I signed as a guarantor for my friend in her bank loan and they asked me for a security cheque.
My friend was on a partner visa and now she is cancelled and cannot pay anymore. I gave my cheque already to the bank and signed as guarantor.
Is it possible that the bank can give me a case if my cheque is zero?
My friend is still here on a visit visa now. She doesn't pay her loan anymore. I am scared that I have a travel ban and case now.
Please give me clarification.
Hi Questioner,
As per your inquiry, yes, the bank can file a case against you if your friend fails to pay her loan as you are responsible on behalf of her.
We can check for you if there is a travel ban or any case you may have in the system.
Please contact us on the phone.
Kind regards,
Eman Al Ali Advocates