Because the debtor has moved out of the residence, which belongs to "the situation that the change of residence causes the creditor to ask him to perform his debt", if the bank fails to repay the debt after applying for arbitration or bringing a lawsuit to the court, the guarantor has the obligation to repay it.
Article 18 of the Guarantee Law of People's Republic of China (PRC) * * * If the parties agree in the guarantee contract that the guarantor and the debtor shall bear joint liability for the debt, it is a joint liability guarantee.
If the debtor of joint and several liability guarantee fails to perform the debt at the expiration of the debt performance period agreed in the main contract, the creditor may require the debtor to perform the debt, or may require the guarantor to assume the guarantee liability within the scope of its guarantee.
Article 19 If the parties have not agreed on the method of guarantee or the agreement is unclear, they shall bear the guarantee liability according to the joint and several liability guarantee.
Article 20 A guarantor of a general guarantee and a joint and several liability guarantee enjoys the debtor's right of defense. If the debtor waives the right of defense against the debt, the guarantor still has the right of defense.
The right of defense refers to the right of the debtor to exercise the right of claim against the creditor according to legal reasons when the creditor exercises his creditor's rights.
Extended data:
Article 17 of the Guarantee Law of People's Republic of China (PRC) stipulates in the guarantee contract that when the debtor fails to perform the debt, the guarantor shall bear the guarantee responsibility, which is a general guarantee.
The guarantor of a general guarantee may refuse to undertake the guarantee liability to the creditor before the main contract dispute has been tried or arbitrated and the debtor's property has been enforced according to law.
Under any of the following circumstances, the guarantor shall not exercise the rights specified in the preceding paragraph:
(a) the debtor's domicile has changed, and the creditor has great difficulty in asking him to perform his debts;
(2) The people's court accepts the bankruptcy case of the debtor and suspends the execution procedure;
(3) The guarantor waives the rights stipulated in the preceding paragraph in writing.
References:
Baidu Encyclopedia People's Republic of China (PRC) Guarantee Law