# ConsolFreight CF4-Pool Update August 2023 Important Notice

**URL:** <https://gov.centrifuge.io/t/consolfreight-cf4-pool-update-august-2023-important-notice/5674>\
**Category:** Pools\
**Tags:** consolfreight, pool-update\
**Created:** [August 25, 2023, 11:11am UTC](https://gov.centrifuge.io/t/consolfreight-cf4-pool-update-august-2023-important-notice/5674 "2023-08-25T11:11:50Z")\
**Posts on this page:** 1\
**Showing post:** 5

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**Author:** ![Tjure07](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/tjure07/32/1039_2.png) [@Tjure07](https://gov.centrifuge.io/u/Tjure07)\
**Post date:** [August 28, 2023, 5:26am UTC](https://gov.centrifuge.io/t/consolfreight-cf4-pool-update-august-2023-important-notice/5674/5 "2023-08-28T05:26:03Z")

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Hi @Lucrum. There is an excellent medium article which explains the outcome in case of a default of an asset: 👇

> **[What Happens in an Asset Default on Tinlake?](https://medium.com/centrifuge/what-happens-in-an-asset-default-on-tinlake-b50be2e5a363)**
>
> Today we’re going to explore a common question about Tinlake and Real World Asset (RWA) financing: what happens in a default?

As well explained in this recent [blog post](https://gov.centrifuge.io/t/how-is-the-the-loan-default-handled-here-as-compared-to-banks/5667/3).

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_[View the full topic](https://gov.centrifuge.io/t/consolfreight-cf4-pool-update-august-2023-important-notice/5674)._