Bürgschaftslagen
Bürgschaftslagen refers to the legal framework governing guarantees (Bürgschaften) in Germany. A Bürgschaft is a contract where a guarantor (Bürge) promises to be liable for the debt of a principal debtor (Hauptschuldner) towards a creditor (Gläubiger). This agreement is typically made in writing to be legally valid.
The primary legal source for Bürgschaftslagen is found within the German Civil Code (Bürgerliches Gesetzbuch - BGB),
Several specific types of Bürgschaften exist, each with distinct regulations. For instance, a consumer guarantee (Verbraucherbürgschaft)
The guarantor's liability is typically limited to the amount of the principal debt, including interest and