Venezuela has a lot of overseas holdings [1] which, thanks to nationalization, are wholly-owned by the Venezuelan government. Those will be liquidated by creditors.

I've seen arguments that say otherwise, but there is precedent for liquidating the holdings of a government which fails to pay.[2]

[1] https://en.wikipedia.org/wiki/Citgo

[2] http://www.npr.org/sections/money/2012/10/22/163384810/why-a...