In theory there's no reason not to but in reality it's often impossible to find debts that align that cleanly.
Often the lenders aren't the same entities as the borrowers, until you start talking very large banks, nations, etc. but then at this point the debts are held on lots of different terms like lengths, interest rates, currencies and often with lots of individual parties that have a stake and some level of control.
Often the lenders aren't the same entities as the borrowers, until you start talking very large banks, nations, etc. but then at this point the debts are held on lots of different terms like lengths, interest rates, currencies and often with lots of individual parties that have a stake and some level of control.