what happens to the debt after a bank goes out of business?

What if you don't owe any body anything, and your little bit of money is in a Building Society🤔? I don't know much about the difference between Banks and Building Soc' other then account holders with a B' Society are members who have a say/a vote in who's at the top... or something llike..🤷‍♀️

In response Courtney Webster to her Publication

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