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Yes it is a historic loan - I believe one that consolidated some time ago. He currently has assets up for sale in order to reduce it.
I would have to find out when it dates back to, as I'm not sure.
Yes the loan is being paid. I believe the bank put charges on some of his business', in the past and they didn't check who needed to guarantee them - I believe the security they must have had possibly not legal? My father is 77 and was diagnosed with the first stages of dementia, 3 years ago.
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