Guarantee and Postponement of Claim (Canada)
Guarantee of a debt and a postponement of a claim by a Guarantor in favour of a Creditor.
This form provides for a guarantor for the repayment of a debt. This guarantor is, in effect, a co-signer for the obligation. The guarantor agrees that if any of the payments are late or not paid, they will make the payments. The guarantor also agrees that the guarantee may be enforced without having to first exhaust all other remedies against the borrower. A mere default by the borrower without any court action will suffice to require the guarantor to make good on the obligation.
In addition, this particular guarantee also includes a postponement of any claim the guarantor my have against the borrower until such time as the debt owed to the creditor is paid off.
This form includes special formatting features to assist you in completing the agreement.
This form can be used in the following provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon.
In addition, this particular guarantee also includes a postponement of any claim the guarantor my have against the borrower until such time as the debt owed to the creditor is paid off.
This form includes special formatting features to assist you in completing the agreement.
This form can be used in the following provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon.
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages4
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28337
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.