You have to see how people ruin an account. He had been on the forum for a long time and had managed many campaigns.
Sometimes, it really f*ucks up to see people ruin their accounts this way.
The campaign in which the loan defaulter participated in actually is one of best signature campaigns in Bitcointalk. With that campaign and his rank, it takes about 3 months with actively posting to get $1000 and more, enough to have a full loan repayment.
Sorry for your loss, assume it's a loss, shasan.