Matthew 6: 14 For if ye forgive men their trespasses your heavenly Father will also forgive you. 15 But if ye forgive not men their trespasses neither will your Father forgive your trespasses.
Whenever such a favor as standing security for someone is requested by another, the one who is inclined to help should understand that there is the possibility of default, and as such, if the helping one can afford to lose the amount of money in question, then, a deliberate choice in the matter can be made. In addition to the possibility of default, the one who shows the other person the favor must be prepared to forgive and forget, if it comes to that, should the transaction not work out the way they expected.
In the heat of the moment a person’s better nature may be prone to overlook some of the potential risks associated with being surety for someone. Whenever such a request is made, the matter should be taken to The Lord in prayer before a firm decision is made. In this way, vain regrets and recriminations may be avoided.
It cannot be stressed enough so we must emphasize again: the one who puts his/her name and credit on the line for another, should be prepared to absorb the entire debt if needs be and should also be ready to forgive and forget, if things do not work out as planned. Especially within the family of God, the possibility of taking a fellow believer or a family member to court for restitution should be taken off the table up front so as not to cause any embarrassment to the cause of God, nor to the one who defaulted.
Leviticus 25: 35 And if thy brother be waxed poor, and fallen in decay with thee; then thou shalt relieve him: yea, though he be a stranger, or a sojourner; that he may live with thee. 36 Take thou no usury of him, or increase: but fear thy God; that thy brother may live with thee.
May God add His blessing to the study of His word. “Good night” and God bless!