Just throwing in my two cents. I have a friend that got a 750.000€ credit to buy a house and a Tesla. Myself, I'm rather well off in terms of money, but not so

Just throwing in my two cents. I have a friend that got a 750.000€ credit to buy a house and a Tesla. Myself, I'm rather well off in terms of money, but not so wealthy, and I kept away from getting credit. What would happen in case of this pardon? Would he get to keep his assets thus increasing his wealth by almost a million euros just like that?