ASSUME NO PEACE - Discharge Debt

Ex: $100k student loan, $20 k outstanding, but you have $100k interest in the asset. Asset: $100k. Liability $80k. If you do an acquisition with the borrower, isn’t this the same as saying: “I’ve got a $100k interest in that asset – you can go ahead and use that $100k to offset the account.” [Beyond 36 months.] They got their $80k. ................
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