Legal basis: Article 698 of the Civil Code of People's Republic of China (PRC) generally guarantees that the guarantor will provide the creditor with the real situation of the debtor's executable property after the expiration of the main debt performance period. If the creditor gives up or is slow to exercise his rights, resulting in the property being unenforceable, the guarantor will no longer bear the guarantee liability within the value range of the executable property provided by him.