247: Chapter 248 Breach of contract can be liquidated, but a person cannot be used to pay off a debt.

[ Welcome to the liquidation procedure. ]

[ Please provide alternative repayment assets. ]

When the gates of the Professional Credit Liquidation Bureau opened, there was no smell of blood, nor any divine light.

There was only paper, ink, seals, interest rates, and rows of accounts so neat they were suffocating.

It was not aloof and high above like the White Tower.

Nor was it vast and ancient like gods heart.

It was more like an ordinary human office.

Clean.

Polite.

Punctual.

Liquidation sheets were placed on every desk, risk models hung on every wall, and at the end of every corridor was a service window with a standardized smile.

The voice behind the window was as gentle as customer service.

[ The underlying assets of the Luochuan flood control reserve training yield package are invalid. ]

[ Estimated default scale: 27.6 million yuan. ]

[ Related products trigger chain risks. ]

[ Please provide alternative repayment assets within thirty breaths, otherwise you will enter the credit downgrade procedure. ]

Liang Fu stood in the muddy water of the West Dike, his face pale.

"What happens with a credit downgrade?"

The liquidation bureau answered quickly.

[ The rating of the Luochuan Disaster Prevention Construction Fund has been lowered. ]

[ Financing costs for subsequent pump station maintenance, embankment reinforcement, and relocation area expansion will rise. ]

[ Some suppliers may suspend the supply of materials on credit. ]

[ Redemption for ordinary holders will be delayed. ]

[ The gap in the city's public service budget will widen. ]

None of these were swords.

Yet they were harder to dodge than a sword.

The water had not completely receded from the West Dike.

The Old Pump Station had just been recaptured.

Hundreds of children were still sitting in Shiqiao Elementary School.

The old lady was still waiting for her wealth management liquidation to buy medicine.

If Luochuan's credit collapsed immediately, flood control would indeed run into problems.

The Professional Credit Liquidation Bureau did not shout about killing or fighting.

It simply placed the accounts in front of you.

And then said:

If you don't sell the children, that's fine too.

Then what will you use to pay it back?

Chen Ye felt a chill run down his back as he watched.

"This thing is even more disgusting than The Six Seats."

Thirteen said coldly:

"The Six Seats directly alter people."

"This thing makes people hand others over themselves."

He Zhibai stared at the gates of the liquidation bureau, his face as dark as a lightless well.

"It is not a single system."

"It is connected to schools, funds, families, associations, banks, city budgets, wealth management, and public facilities."

"Cut one thread, and you pull out a whole net."

The windows of the liquidation bureau continued to light up.

[ Proposed repayment plan 1: Restore some underage reserve assets to lower the default rate. ]

[ Proposed repayment plan 2: Replace with the future working hours of low-level professionals. ]

[ Proposed repayment plan 3: Replace with compensatory labor from retired personnel. ]

[ Proposed repayment plan 4: Open up integration benefits of the non-vocational population. ]

Guo He was trembling with anger inside the Shiqiao Elementary School auditorium.

"It took the people we just rescued, changed their names, and put them back on the table."

Lin Xiaokui clutched her drawing paper.

She already understood a little.

The children cannot be sold.

So it asked: Then who should be sold?

Low-level people?

People who have retired from their professions?

People without professions?

In short, someone must become an asset.

Lin Jin grasped the new tool and directly wrote down the first item.

[ Personal Asset Circuit Breaker ]

The liquidation bureau paused briefly.

[ Please define. ]

Lin Jin said:

"Anyone's future vocational services, future working hours, professional tenure, position obedience, retirement compensatory labor, non-vocational integration benefits, and underage cultivation probabilities shall not be used as repayment assets, underlying assets, credit-enhancement assets, or alternative assets."

The liquidation bureau responded:

[ If personal assets are completely excluded, the default gap cannot be covered. ]

"Then it is a default."

Lin Jin's voice was very cold.

"Defaults can be liquidated."

"People cannot be used to pay off debts."

Ye Guizhou affixed his seal.

[ Personal asset circuit breaker application received ]

Luo Wensheng recorded:

[ A debt crisis shall not become a reason to re-enable personal binding. ]

He Zhibai added:

[ Regardless of how massive the losses caused by the failure of underlying assets are, no personal services may be claimed from minors, low-level professionals, retirees, non-vocational persons, waste page survivors, or rescue subjects. ]

Teacher Xu Wenzhou raised 002.

The old definitions rose from the floor of the liquidation bureau.

[ Future vocational services = Repayable assets ]

[ Excessive public risk = Temporary restoration of personal credit enhancement ]

[ Basic service financing needs = Ability to call upon the future labor of vulnerable groups ]

The blade fell.

Snap!

Inside the liquidation bureau hall, tens of thousands of asset pages shrieked simultaneously.

Streams of thin black threads were forcibly yanked out from the children's pages, low-level professionals' pages, retirement application pages, and Wuye supplementary registration pages.

In Luochuan's Shiqiao Elementary School, the invisible debt thread on Lin Xiaokui's page finally snapped.

The edges of Zhao Jing's temporary non-awakening page also quieted down.

On Pang Xiaoman's low-level courier page, the originally hidden [mortgageable future working hours] was torn away.

The [compensatory therapeutic labor] in Zhou Lan's retirement page vanished.

Liang Yan's waste page survivor repair Record was no longer marked as [repair return asset].

The lights of the Professional Credit Liquidation Bureau suddenly dimmed by a layer.

[ Personal asset circuit breaker effective ]

[ Affected products: 14,622 items ]

[ Systematic default risk rises ]

[ Please provide a non-personal repayment path ]

Chen Ye gritted his teeth.

"There really is a gap."

He Zhibai said:

"Of course there is."

"Over the years, many public services have been propped up by selling people's futures in advance."

He pulled open the general ledger and re-layered it.

[ Layer 1: Responsibility of the illegal designers ]

[ Layer 2: Responsibility of the informed issuers ]

[ Layer 3: Responsibility for review dereliction of duty ]

[ Layer 4: Responsibility of high-yield risk buyers ]

[ Layer 5: Protection of ordinary misled holders ]

[ Layer 6: Continuous operation of public services ]

[ Layer 7: Long-term financial and production restoration ]

"Freeze the assets of the responsible parties first."

The Vocational Association's joint account, the vocational college's reserve talent fund, and the family trust accounts were all highlighted in red simultaneously.

The liquidation bureau immediately prompted:

[ Freezing the assets of responsible parties will affect their normal operation ]

Inspector Han Su said coldly:

"When they treated children as assets, their operations were quite normal."

Gu Changye added:

"Freezing does not equal killing."

"Protect the service interfaces first, and freeze dividends, bonuses, expansion, and related transfers."

He Zhibai wrote down:

[ Hierarchical freezing of responsible accounts ]

[ Minimum retention for basic operations ]

[ Suspension of executive allocations, expansion investments, related transfers, and yield redemptions ]

[ Recovery of illegal gains ]

[ During the review period, no destruction of documents or shifting of costs is permitted ]

The liquidation bureau began calculating.

[ Estimated recoverable: Less than 23% of the gap ]

He Zhibai continued writing.

[ Write-down for high-yield informed buyers ]

[ Purchase documents explicitly stating that the underlying assets are vocational services or reserve trainees shall bear principal losses and may not claim recovery from personal assets ]

The liquidation bureau calculated again.

[ Estimated coverage up to 41% ]

[ There is still a gap for ordinary misled holders ]

The old lady from Luochuan cautiously patched in.

"Then what about someone like me... what should I do?"

He Zhibai did not evade.

"Protective extension."

"Provide a bottom-line guarantee for basic medical expenses first."

"Wealth management principal will be liquidated in installments based on the recovery progress."

"Stop fantasizing about interest."

The old lady was silent for a moment.

"What does fantasizing mean?"

Lin Jin said:

"It means that part of the steady, high yields given to you in the past originally came from selling other people's futures."

The old lady didn't speak for a long time on the other end.

Finally, she said in a low voice:

"Then I don't want the interest."

"Just don't cut off my medicine."

He Zhibai affixed his seal to the accounts:

[ Ordinary misled holders: Basic living and medical expenses are guaranteed as a priority; investment returns cease to be guaranteed; principal enters protective liquidation ]

[ Sources of guarantee: Public mismatch accounts, recovery from responsible parties, temporary urban finance, higher-level public service bridging ]

The liquidation bureau calculated again.

[ Short-term public service gaps still exist ]

Lin Jin looked toward Luochuan.

"Luochuan, report yourselves: what cannot be stopped, what can be downgraded, and what can be delayed."

Liang Fu immediately connected.

"West Dike maintenance cannot be stopped."

"A set of parts must be replaced at the Old Pump Station within three days."

"The relocation area expansion can use temporary tents for now."

"Construction of the new association building is halted."

Guo He said:

"The Temporary Classroom at Shiqiao Elementary School will continue to open as usual."

"Commendation activities are suspended."

Meng Jianqiu, lying on a stretcher, still forgot not to curse:

"Don't buy that smart display screen for the pump station; replace the valves first."

The old lady added:

"Medical expenses are guaranteed, and wealth management promotional meetings can be canceled."

Local cuts and retentions were listed one by one, crudely.

It was not a pretty plan.

But for the first time, 'children reserves' were not put into the revenue column.

Luochuan temporary work order generated:

[ Public service bridging period: Seven days ]

[ Retain: Flood control, first aid, basic settlement, medical expenses, basic classrooms ]

[ Stop: Vocational reserve commendations, expansive association expenditures, unnecessary display projects, related yield redemptions ]

[ Review: Yield package issuance chain, parent consent letter credit-enhancement chain, school recommendation chain, Vocational Association approval chain ]

[ Prohibit: Restoration of personal assets ]

The screens in the liquidation bureau hall flickered continuously.

[ This plan cannot fully liquidate ]

He Zhibai looked up.

"On the first day of liquidation, full liquidation is not required."

"What is required is not to continue committing crimes."

As these words fell, the entire Professional Credit Liquidation Bureau fell into a brief silence.

Afterward, its polite voice turned cold for the first time.

[ The liquidation procedure does not evaluate crimes, only handles defaults. ]

Inspector Han Su stepped forward.

"Then add one more item."

[ Financial products involving personal assets shall be simultaneously transferred for accountability during default liquidation. ]

Gu Changye pressed the back of his blade against the threshold of the liquidation bureau.

"Anyone who continues to use people to pay off debts will enter terminal risk isolation."

The windows of the Professional Credit Liquidation Bureau went dark row by row, and then lit up row by row again.

It began re-rating.

[ Luochuan flood control reserve training yield package: Underlying assets invalid, entering illegal liquidation ]

[ Luochuan public disaster prevention facilities: Continue operation, seven-day bridge ]

[ Ordinary holders: Protective liquidation ]

[ Responsible parties: Frozen for review ]

[ Minors' pages: Detached from the asset pool ]

Inside the Shiqiao Elementary School auditorium, the children collectively let out a sigh of relief.

Lin Xiaokui spread out her painting of the bird and the river, slowly adding a small section of embankment.

The embankment held back the water.

But behind the embankment, no locks were drawn.

Inside the Old Awakening Hall in Jiangcheng, Chen Ye did not breathe a sigh of relief.

Because on the map, there were still over 14,000 red dots of similar products.

Luochuan was only the first.

The liquidation bureau was also clearly not beaten into submission.

It only acknowledged that this single order could no longer use children as collateral for the time being.

The next moment, a new black seal rose from within the main gates of the liquidation bureau.

[ Global credit stability prioritized ]

[ If multiple regions simultaneously strip away personal assets, it will lead to the collapse of public service credit ]

[ Recommended to initiate vocational credit takeover ]

He Zhibai's expression changed slightly.

"Takeover?"

The black seal fell.

[ To maintain the operation of basic services, the liquidation bureau may temporarily take over local budgets, Vocational Association accounts, school subsidy channels, retiree resettlement funds, and non-vocational supplementary registration funds ]

[ During the takeover period, all capital flows will be uniformly sorted by the liquidation bureau ]

Lin Jin's gaze sank.

"It changed its path."

"It no longer buys people directly."

"Instead, it controls money."

Deeper within the gates of the liquidation bureau, a row of shadows wearing black clothes slowly stood up.

Each person held an account book in their hands.

New professional titles emerged on their chests.

[ Credit Liquidation Officer ]

[ Responsibility: Maintain capital order amidst public default risks ]

[ Authority: Freeze, sort, deduct, delay, merge, alternative repayment ]

One of the liquidation officers raised his head and looked toward Luochuan's Shiqiao Elementary School, Wuye City, Dead Water Well, Nanling Hospital, and all retiree resettlement accounts.

He said politely:

[ Please rest assured. ]

[ We will no longer list people as assets. ]

[ We will only decide who gets the money first. ]