Dancing With The Stars Results

In order to protect himself with excursion, the guarantor must show proof that debtor’s properties are enough to cover his debts. But he may not protect himself with excussion if he has expressly renounced it, if the debtor fails to pay, absconds, cannot be sued within the Philippines, or does not have enough resources to cover his obligation, and if he, the guarantor, is a judicial bondsman. Once the guarantor pays for the debts of defaulting debtor, the debtor must, in turn, pay the guarantor the full amount due him plus interest, expenses and damages.