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If I took out a microloan from Unibank in 2001, just before they went bankrupt. Can another bank claim the $?

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If I took out a microloan from Unibank in 2001, just before they went bankrupt. Can another bank claim the $?

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  1. yes. When a bank goes bankrupt often the financial instruments they own are sold off. This means that another lender can purchase your loan for less than what you are going to pay back and make a profit from the purchase.

    If no-one buys the loan then I am not sure if you would have to pay it back but that is unlikely.

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