3. When the creditor grants an extension time to the debtor. (เมื่อเจ้าหนี้ยอมผ่อนเวลาให้กับลูกหนี้). (Section 700).
For example, B loaned money from A and the money is to be paid up to A
on 1 October 2013. C guaranteed A on the repayment of money.
A subsequently grants B an extension of debt repayment time to
1 December 2013. in this case, C is discharged from debt repayment.
However, C is not discharged if C agreed to the new extended
time for debt repayment.
4. When the creditor is refused to accept the performance of obligation from the debtor. (เมื่อเจ้าหนี้ไม่ยอมรับชำระหนี้จากผู้ค้ำประกัน). (Section 701