THE GUARANTOR IN THE NATURAL PERSONS’ INSOLVENCY PROCEEDINGS
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Abstract
The article “The guarantor in the natural persons’ insolvency proceedings” reflects two contradictory views currently common among the lawyers in the Latvian judicial practice whether in case the debtor (natural person), having finished the insolvency proceedings, is released from obligations against the creditor,and at the same time the claim of the creditor against warrantor from the next to the claim become as an independent claim or not? In the article “The guarantor in the natural persons’ insolvency proceedings” the author analyses at the current judicial practice and publications relating to guarantee obligation in the natural persons’ insolvency proceedings, the purpose of the guarantee, guarantee obligation as the next to the claim’s nature, the guarantor’s rights of recourse and other issues. At the end of the article the author draws some conclusions. In the course of development of an article laws and regulations, the press, judicial practice materials, internet resources, unpublished material were used.
How to Cite
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the guarantor, guarantee, insolvency proceedings, repayment, additional (private) obligation, the guarantor’s rights of recourse
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