Payment defaults

What happens in the event of default by Younited Credit?

In the event of default by Younited regarding the fund units: 

Fund units are independent of Younited Credit's balance sheet. 

If Younited Credit went bankrupt, the management of fund units would continue normally and would be provided by the fund management company, and the management of credit recovery would be provided by an external service provider specializing in this type of operation (a "back- up servicer" with which Younited is in partnership: MCS Group). 

The possible creditors of Younited Credit (its suppliers for example) would have no recourse on the credits of the Borrowers to the detriment of the Investors.