95: Restructuring
Restructuring is a change to the terms of an existing loan agreement. It may lower interest, delay payments, or stretch them over a longer period, making the debt easier to bear - while still preserving the creditor’s claim.
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Filip Ahlers
Eyy, what do you know, Chief tried exactly what I mentioned in the comments of the last video. So long as Gabi can keep paying in notes, they can keep it the loan payments cheap. Good on them.
Jul 06 13:01
Ralph S. (Assistant to the Emperor of Borgo)
Why are they both smiling? This is business, one of them should be getting screwed..
Jul 06 19:03 
1
Gabital
Ralph S. (Assistant to the Emperor of Borgo), Must... Hold back... Easy-to-reach... comments... xD
Jul 06 22:43
Darkened Shadow
does this mean they are officially owning the workshop? I am a bit confused
Jul 06 23:59 
1
Ale Melo
Yes, they paid off the workshop lease using the worthless paper money at the official exchange rate, which he had to accept because it is still legal tender according to the old contract. So they cleared that debt for cheap and now fully own the building, a win for the Gobs for once.
The Chief still holds all the OTHER debts he purchased, though, and those more recent debts probably do have the "only coins" clause.
Jul 07 14:02
Filip AhlersReplying to Ale Melo
Ale Melo, They are not necessarily stuck with the coins only clause on the other debts. When buying up debt, you are forced to honor the same terms and conditions that the debt was originally paid under. Meaning, if the sawmill buyout, and the smithy and bakery loans did not originally have a coins only clause, then they won't have it now either, unless Chief can make them sign that contract of his.
Jul 07 17:50
Thibault Quillery
Heck yeah, make the system work for you for a change !
Jul 07 00:51
Samuel Burnett
I don't quite follow. What exactly was happening?
Jul 07 15:25
Thibault Quillery
Samuel Burnett, they just realized the original contract did not have a " coin only " clause, which means they can repay it using only paper money - which works to their advantage since they have a lot of it. If they'd take the new deal, they'd have to convert their paper money to coin, and as we've seen before, the rate sucks. Basically it was an oversight of the boss in the original contract, because paper money wasn't in circulation at the time of the lease
Jul 08 01:58 
1
Samuel BurnettReplying to Thibault Quillery
Thibault Quillery, Thank you 
That makes sense
That makes senseJul 08 11:29