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Posts Tagged ‘Corporate Guarantee’

PERSONAL SECURITY IS ONE CHOICE OF COLLATERAL THAT YOU CAN USE

In any loan agreement, debtors (debt parties) will be charged with an obligation to provide collateral of repayment of debts owed to be submitted to the creditors. There are two kinds of collaterals; those are material and individual collaterals. When the debtor does not have the goods or valuable assets that can be charged as…

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