A creditor must exhaust all legal remedies against the principal debtor before holding a surety responsible for payment.

Name: A creditor must exhaust all legal remedies against the principal debtor before holding a surety responsible for payment.
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In most cases, a creditor can directly pursue the surety for payment without first exhausting remedies against the principal debtor, unless the suretyship agreement specifies otherwise.

A Creditor Must Exhaust All Legal Remedies Against the Principal