(adsbygoogle = window.adsbygoogle || []).push({}); Situation: Someone is in debt and is made a bankrupt as a result of his failure to pay his debts. I happen to his guarantor and I also happen to be made bankrupt due to being unable to pay off his debts.

So, which person would pay off the debts? The borrower or the guarantor or both? Please answer this question.

Both cause I'm a boss like that.

the borrower

I see but I know of someone who is a guarantor but still has to pay, any clarifications?