Jace left: recover money.

[Naio90]

I signed a contract with Singapore, loaning him 14bn plus interests. Now that he left due to OOC reasons, I would like yo recover my money.

Its also stated in the contract as a reason to reclaim it (breaching Of contract)

https://modernnations.com/threads/central-bank-of-argentina-commercial-services.3003/#post-10243

 

[Jamie]

Hello @Naio90,

I have refunded the 14 billion, however, recalling the previous Support Ticket, I did not verify enough.
We're refunding this as it was loaned just before Jace left, and due to lack of clarification previously.

Contracts do not take into account a Government Collapse. If a government collapses in future from a loan, that money will be lost.
This is the risk of doing loan business, regardless of a contract, and First Choice's biggest problem when it comes to loans (They've lost hundreds of billions).
To confirm; I've refunded the money but if a loan is given out again and they leave, the money, regardless of contract, does not get returned.

Kind Regards,
Jamie

 

[Naio90]

Yeah, I know. I count usually with government collapse due to inactivity. Thus, after 1 in game month Of not paying (2 weeks rl) i can consider it breached and reclaim the money with the player still "in the game". Is my assumption correct?

 

[Jamie]

If the player is in the game, then yes. It would come directly out of their accounts.
If a government collapses, the money is lost permanantly. Of course, you can raise this with the next player who gets it, decrease their credit score [if you use them], but if a government collapses, the money is gone entirely.