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Taking out a bank loan is a big decision, especially for something as ambitious as a comic project. Here’s what you should know:

Understanding Loan Default: If you can’t repay the loan and have no assets, you’re generally not going to face jail time. In most places, debt alone doesn’t result in criminal charges. Instead, the bank might take legal action to recover the money, which could involve debt collection efforts or even a court judgment. They might seek to garnish any future wages or bank accounts if they get a court order.

Bankruptcy Protection: If things go south and you’re unable to repay, you might consider bankruptcy. While this has serious consequences for your credit and finances, it can sometimes help to discharge or reduce your debts. It's a complex process, so consulting with a bankruptcy attorney could be crucial.

Risks of Taking the Loan: Before you commit to a loan, consider the risks thoroughly. Ensure you have a solid business plan and backup strategies if things don’t go as expected. Also, consider alternative funding options like personal savings, friends and family, or smaller funding sources.

Seek Professional Advice: Consulting with a financial advisor or a business consultant can provide valuable insights tailored to your specific situation.

Remember, it’s important to fully understand the terms of any loan and the implications of defaulting before moving forward. Good luck with your comic project!