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Enforcement & Bankruptcy Law

How am I liable for a debt I have guaranteed?

Under an ordinary guarantee, the creditor must first pursue the principal debtor, whereas under a joint and several guarantee, the creditor may proceed directly against the guarantor; the type of guarantee must be clearly stated in the contract.

This question fits the pattern:How Is It Done?
In-depth guide on this topic: Objecting to an Enforcement Proceeding in Turkey: Deadlines, Remedies and Consequences

This answer is provided for general informational purposes and does not constitute legal advice. Consult a lawyer for an assessment specific to your situation.

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