How to terminate a loan?

Seems like I just can't find the exact answer anywhere, or maybe just I don't get through all thread here at the forum. My question is suppose if you don't want to pay loan for a purchase on credit aircraft, (or let say I can't pay the loan, cos in this world you just can't not to pay even if you have enough money), what will happen? The aircraft will take away, just as the leasing one, or I would face liquidation? Thanks folk for your comments!

Please delete, wrong answer to question

you cannot "terminate" a loan, if you cannot pay the payment you eventually will have to go into liquidation, have you tried selling it?