> For the complete documentation index, see [llms.txt](https://doc.orby.network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://doc.orby.network/overview/understanding-liquidations-vs-redemptions-vs-repayment.md).
# Understanding Liquidations vs Redemptions vs Repayment
## What happens during a liquidation?
1. Your shuttle will be closed
2. You lose your 20 $USC Liquidation Reserve deposit (this is sent to liquidator)
3. Lose all your collateral (assuming Orby is in [Normal Mode](/overview/recovery-mode.md#what-is-normal-mode))
4. You get to keep your borrowed $USC
The images and data shown are for illustration purposes only
## What happens during a redemption?
#### If your shuttle was fully redeemed against:
1. Your shuttle will be closed
2. You are not required to pay the 20 $USC Liquidation Reserve deposit (this will be burnt)
3. You lose some of your collateral (redemption rate = 1 USC for $1 worth of collateral)
4. You get to keep your borrowed $USC
The images and data shown are for illustration purposes only
#### If your shuttle was partially redeemed against:
1. Your shuttle will remain open/active and functions as per normal
2. You lose some of your collateral (redemption rate = 1 USC for $1 worth of collateral)
3. Some of your $USC debt would have been repaid by redeemer (amount determined by redemption rate)
4. You get to keep your borrowed $USC
## What happens during a repayment?
#### If you fully repaid your $USC debt:
1. Repay required borrowed $USC + borrowing fee
2. Your shuttle will be closed
3. You are not required to pay the 20 $USC Liquidation Reserve deposit (this will be burnt)
4. You can withdraw all your deposited collateral
#### If you partially repaid your $USC debt:
1. Repay required borrowed $USC
2. Your shuttle will remain open/active and functions as per normal
3. You can withdraw some of your deposited collateral (up to the minimum collateral ratio)