Guarantor May Proceed Against Principal Debtor

Art.  2071.  The  guarantor,  even  before  having  paid,  may proceed against the principal debtor:

(1) When he is sued for the payment;

(2) In case of insolvency of the principal debtor;

(3)  When  the  debtor  has  bound  himself  to  relieve  him from the guaranty within a specified period, and this period has expired;

(4) When the debt  has become demandable, by  reason of the expiration of the period for payment;

(5)  After  the  lapse  of  ten  years,  when  the  principal obligation has no fixed period for its maturity, unless it be of such nature that it cannot be extinguished except within a period longer than ten years;

(6)  If  there  are  reasonable  grounds  to  fear  that  the principal debtor intends to abscond;

(7)  If  the  principal  debtor  is  in  imminent  danger  of becoming insolvent.

In  all these cases, the action of the guarantor is to  obtain release  from  the  guaranty,  or  to  demand  a  security  that shall protect him from any proceedings by the creditor and from the danger of insolvency of the debtor. (1834a)

AS  A  GENERAL  RULE,  THE  GUARANTOR  HAS  NO  CAUSE  OF ACTION  AGAINST THE  DEBTOR  UNTIL  AFTER  THE  FORMER HAS   PAID   THE   OBLIGATION.  NONETHELESS,   THE   7 AFOREMENTIONED ARE INSTANCES WHEN THE GUARANTOR CAN PROCEED AGAINST THE DEBTOR REMEDY TO WHICH GUARANTOR ENTITLED

*Alternative remedies

1.   Release from the guaranty
2.   Demand  a  security  that  shall  protect  him  from  any proceeding