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michigan tsunami · 06-08-2009, 02:54 AM

Yaya, you also have an sba loan? Did you have to personally guarantee it? If so, you're able to file bk without jeopordizing the sba loan? Are you trying to modify your 2nd or hoping to disolve it in bk? We are also an s corp. sounds like we are in the same boat. I have a $43 heloc, that originally was part of the Naca solution. It would be nice to lose that in bk if possible. We are $60 k under water.

06-08-2009, 02:54 AM	#47 (permalink)
michigan tsunami Senior Member Join Date: Dec 2008 Posts: 71 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Naca dropped the ball!! Yaya, you also have an sba loan? Did you have to personally guarantee it? If so, you're able to file bk without jeopordizing the sba loan? Are you trying to modify your 2nd or hoping to disolve it in bk? We are also an s corp. sounds like we are in the same boat. I have a $43 heloc, that originally was part of the Naca solution. It would be nice to lose that in bk if possible. We are $60 k under water.