Legal subjectivity:

Guarantees can be divided into two situations: 1. Joint guarantee means that the parties agree in the guarantee contract that the guarantor and the debtor shall bear joint and several liability for the debt, or the method of obtaining the certificate has not been specified. An agreement or an unspecified guarantee. 2. If the borrower fails to perform its repayment obligations as stipulated in the loan contract, the creditor may require the guarantor to assume the guarantee liability within the term of the guarantee contract. If the guarantee period is not agreed upon, the creditor shall have the right to request the guarantor within six months from the expiration of the debt performance period. The guarantor is required to bear guarantee liability. 3. If the guarantor fails to perform the guarantee liability as stipulated in the contract, the creditor may file a lawsuit with the People's Court in accordance with the law and request a judgment for repayment. 4. As for the guarantor’s only residence, the execution can be carried out if it complies with the provisions of Article 20 of the “Regulations of the Supreme People’s Court on Several Issues Concerning the Handling of Enforcement Objections and Reconsideration Cases by the People’s Courts”. Article 20 During the execution of monetary claims, if one of the following circumstances is met and the person subject to execution raises an objection on the grounds that the subject of execution is the residential house necessary for the maintenance of life of the person and his dependent family members, the people's court will not support it: (1) The person under whom the executor has the obligation to support has other residential houses that are necessary to maintain life; (2) After the execution basis takes effect, the person subject to execution transfers other houses under his name in order to avoid debts; (3) The person applying for executor transfers other houses under his name according to the local low-rent The housing guarantee area standard provides a living house for the person subject to execution and his dependent family members, or agrees to deduct five to eight years' rent from the price change of the house with reference to the average rent standard in the local housing rental market. The execution basis determines that the house to be delivered to the person subject to execution has been given a grace period of three months from the date of delivery of the execution notice. The person subject to execution raises an objection on the grounds that the house is a necessity for himself and his dependent family members to maintain their lives. , the People's Court did not support it.