The author posted a question in Business, Finance
Is a loan taken out at a bank that was declared bankrupt? and got a better answer
Response from Антон Владимирович[+++++]
No. Does a bankrupt bank just start a bankruptcy trustee who continues to collect money from debtors or sell loans to third parties/bank?
No. The bankrupt bank just starts a bankruptcy trustee who continues to collect money from debtors or sells loans to third party banks
no. Debts are sold to a debt collector
It depends, but often the loan is canceled and no one collects it.