The guarantor's bank card may be frozen. The borrower cannot repay the loan from the bank. As a guarantor, you are responsible for the guarantee. Guarantee liability is divided into general guarantee and joint liability guarantee. Generally, bank contract clauses are designed as joint and several liability guarantees. When the debtor is unable to fulfill its repayment obligations. The bank has the right to require the guarantor to assume guarantee liability through litigation and other means. Therefore, the guarantor's bank card may be seized, frozen and debited by the court.

The third party and the creditor agree that when the debtor fails to perform the debt, the guarantor will perform the debt or assume the liability in accordance with the agreement. The third party here is the guarantor, including legal persons, other organizations or organizations with the ability to pay off debts on their behalf. citizen.

The responsibilities of the loan guarantor are as follows:

1. The guarantor must bear joint and several liability for repayment.

2. The guarantor has the right to recover from the guaranteed person the amount of the loan repaid on behalf of the guaranteed person.

3. It depends on whether the guarantor’s guarantee liability stipulates joint and several liability in the loan contract.

4. If the guarantor fails to repay, the bank can file a lawsuit against the lender and the guarantor at the same time and apply for property freezing.

Legal basis:

"People's Republic of China and Civil Code"

Article 681

Guarantee Contract In order to ensure the realization of the creditor's rights, the guarantor and the creditor agree that when the debtor fails to perform the due debt or the circumstances agreed by the parties occur, the guarantor will perform the debt or assume responsibility.

Civil Code

Article 693

If the creditor of a general guarantee fails to file a lawsuit or apply for arbitration against the debtor during the guarantee period, the guarantor shall Warranty liability is no longer assumed. If the creditor under a joint liability guarantee fails to request the guarantor to bear the guarantee liability during the guarantee period, the guarantor shall no longer bear the guarantee liability.