Problematic Issues of Foreclosure on the Object of Pledge of Property Guarantor (Resident of Ukraine)

The author of the article investigates the peculiarities of the procedure for foreclosure on the property of a property guarantor, as there are currently problems with the practical application of legal norms. The author assumes that one of the main ways to ensure the fulfillment of obligations arising from credit relations is a pledge with the participation of a property guarantor who is a party to the mortgage relationship. The relationship between the mortgagor and the debtor on the main obligation is not collateral, the rights and obligations arising between them are not included in the content of the mortgage relationship. The shortcomings of civil law regulation of relations in this area have been identified and amendments to the legislation of Ukraine on pledge have been proposed. The need for analysis and further study of the status of the property guarantor, ksm2021205 ie the person who mortgages the property belonging to him to ensure the fulfillment of the debtor’s obligation to the mortgagee. Improving the effectiveness of law enforcement also requires improving the mechanism of legal regulation of contractual relations