Sometimes bad things do happen to good people. Here we have a couple who cosigned on an SBA loan so the wife’s sister could open a restaurant. The sister came down with a terrible illness, the business failed, now here they are responsible for the loan and the bank is eyeing their home. Folks, we are looking for suggestions on this one.
Tags: small business, economy, sba, loan, default, cosigner
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Posted: 12/9/2008 | Comments (21)
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