Open LuminaryXion opened 2 years ago
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!
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:
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!