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Law to ForceClose on Defaulted Loan or Bond

Open LuminaryXion opened this issue 2 years ago • 1 comments

Hello!

I want to be able to encourage my server to utilize loans/bonds by guaranteeing them using government tax systems. I have a plan for how I can make this work- BUT, there's no way I can force close the loan/bond once it's been defaulted on.

for example, I can do this: image

But since this doesn't close the loan/bond, the borrower will still have that debt hanging over them and might still pay it.

So- please give me the ability to force close the defaulted on loan/bond using laws.

Thanks!

LuminaryXion avatar May 30 '22 04:05 LuminaryXion

I'm a fan of this concept. It seems what you have going on here is for the "government" to take on defaulted loans, yes?

I see your struggle, though, with the contract being stuck on the contract board, and then a potential for a double pay scenario.

I like this!

Deweyoxberg avatar May 30 '22 04:05 Deweyoxberg