What Is 'Subrogation' In A Civil Claim?

3310 views • Jul 26, 2017

Subrogation is the substitution of one party for another whose debt the party pays, entitling the paying party to rights, remedies, or securities that would otherwise belong to the debtor. For example, a surety who has paid a debt is, by subrogation, entitled to any security for the debt held by the creditor and the benefit of any judgment the creditor has against the debtor and may proceed against the debtor as the creditor would.