Mitbürgenhaftung
Mitbürgenhaftung, often translated as co-suretyship or joint liability, refers to a legal concept where multiple individuals or entities are jointly and severally responsible for a debt or obligation. This means that each party to the mitbürgenhaftung is individually liable for the entire amount owed, not just their proportional share. If one party defaults, the creditor can pursue any or all of the other liable parties for the full sum.
This form of liability is common in situations such as business partnerships, where partners are often held
The extent and nature of mitbürgenhaftung are typically defined by the specific agreement or legal framework