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So i am home loan guiranter for one my really good friend,he is well to do and everything is good.bu


10-Apr-2023 (In Recovery Law)
So i am home loan guiranter for one my really good friend,he is well to do and everything is good.but recently m just feeling very anxious being someones guiranter and i want to withdraw my name.how can i ask him to withdraw my name logically,is there any legal logical reason i can tell him,this is the the case so I'll have to withdraw my name.kindly help with this.
Answers (1)

Answer #1
719 votes
Well, you can say him, that, you trust him, but, still you cannot take that risk of being a Guarantor for him. You have to be frank by revealing the reasons of your insecurity to him. If you will be able to convince him, you will not lose friendship + you do not have to be a Guarantor as well.
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