What happens to your debt if your financial institution goes bankrupt?

Do you get away with scot-free? Because in my opinion if you lose your pension, or your house because a financial institution goes bankrupt, then you should also lose anything you owe to that financial institution.|||Funny! Hahahahahaha! You wish. Your debts will go to the creditors of the institution you borrowed from. Everybody is looking for a way to avoid their responsibilities. |||just because they go under does not mean you do not owe.you still have to pay to them,or who they sell your account to......something for nothing..you are not that lucky|||They are taken over either by the fed or the state depending on their charter.