Lenders and loan banks have a debt relationship based on housing loan contracts. According to Article 84 of General Principles of Civil Law of People's Republic of China (PRC): "Debt is a specific relationship of rights and obligations between the parties according to the provisions of the contract or the law. The obligee is the obligee, and the obligor is the debtor.
The creditor has the right to require the debtor to perform its obligations in accordance with the contract or according to law. "
Although some housing loan contracts do not clearly stipulate whether the lender should repay the mortgage loan after the bank goes bankrupt, according to Article 84 of the General Principles of the Civil Law, the mortgage bank, as a creditor, has the right to require the debtor to continue to repay all debts even if the bank goes bankrupt.
Therefore, even if the loan bank goes bankrupt, the lender still has to pay back the monthly payment, not a penny less.