I've known about this for a while but a piece of the puzzle is missing for me: what's the endgame?
What happens to the debt and collateral when the debtee dies? Is the debt called? Or does the whole arrangement transfer to the next generation?
I've known about this for a while but a piece of the puzzle is missing for me: what's the endgame?
What happens to the debt and collateral when the debtee dies? Is the debt called? Or does the whole arrangement transfer to the next generation?
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