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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.

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Eman Al Ali Advocates & Legal Consultants
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11 Oct 2021, 05:11

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

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