Legal Question in Banking Law in
Can a bank discharge the borrower with part payment without the knowledge or consent of the guarantor?
Asked on 2/23/11, 4:05 pm
1 Answer from Attorneys
J. Radhakrishnan
independent Practice
No. Discharge of the borrower without the consent of the guarantor discharges the guarantor also.
Answered on 2/23/11, 8:23 pm
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