Can an individual guarantee the company's debts?

Individuals can guarantee the debts of others and become guarantors.

There are two ways to guarantee: general guarantee and joint liability guarantee.

When the debtor fails to perform the debt, the guarantor shall bear the guarantee responsibility, which is a general guarantee.

If the guarantor and the debtor are jointly and severally liable for the debt, it is a joint liability guarantee.

If the guarantee contract is not stipulated or clearly stipulated, the parties shall bear the guarantee liability according to the general guarantee.

Article 683 of the Civil Code stipulates that a legal person organ may not act as a guarantor, except that it is approved by the State Council to use loans from foreign governments or international economic organizations for lending.

A legal person not for profit or an unincorporated organization for public welfare may not act as a guarantor.