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One doubt on loan

Topics: General: One doubt on loan


Tuesday, June 16, 2020 - 02:09 pm Click here to edit this post
If as a country/Corporation i give loans and they are given to a corporation or a country which goes bankrupt will i get my principal and interest back or it vanishes?


Wednesday, June 17, 2020 - 11:30 am Click here to edit this post
When a corp closes the owner pays the loan.
For a country the loan gets paid, I'm guessing from the sale of assets.
Not sure about the interest, but there is an early payment fee that I assume you get.

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