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Old 12th Apr 2007, 21:57
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Pilot Pete
 
Join Date: Aug 2000
Location: Egcc
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I can confirm that if you have a 'bond' for your type rating costs, then if made redundant you are free from any commitment. This happened to me post 9/11.

If you are on the new generation of 'loan', then as pointed out if it is an agreement between you and a bank, then you will still be liable for any outstanding debt.

PP
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