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Business closing and I’m not able to pay all of our debt (personal guaranteed)
Business closing and I'm not able to pay all of our debt (personal guaranteed) Ok i'm in a pretty rough spot here. I'm closing down my business and have a good amount of debt I need to get rid of. The tricky part is the SBA 7a loan with our home as collateral. I'm thinking filing BK and posted in the BK forum as well but i'd like to hear what some of you guys think. I have about 150-160k in cash/inventory 97k sba loan (hom...
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