What is the ruling if a debt of one thousand is owed by two individuals, each liable for five hundred, and each is a guarantor for the other, and the creditor transfers the entire one thousand debt obligation to one of them?
General Chapter
Al-Mughni
Book of Assignment (Transfer of Debt)
Primary text
If the creditor transfers the entire one thousand debt to one of the two debtors who were co-guarantors for each other, the liability of both is extinguished, just as if the debt had been settled completely.