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What is pg?

PG stands for Personal Guarantee, it is a legal document in which a person agrees to be responsible for the financial obligations of someone else if they are unable to pay.

Who is required to file pg?

Individuals or entities who are seeking financial assistance or credit from a lender may be required to file a Personal Guarantee.

How to fill out pg?

To fill out a Personal Guarantee, the individual must provide their personal and financial information, as well as details of the obligation they are guaranteeing.

What is the purpose of pg?

The purpose of a Personal Guarantee is to provide assurance to a lender that the financial obligation will be met, even if the primary borrower is unable to repay.

What information must be reported on pg?

The Personal Guarantee must include the guarantor's personal and financial details, the amount of the obligation being guaranteed, and the terms of the guarantee.

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