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Not able to make EIDL payments
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I borrowed $111k through EIDL as a sole proprietor and I’ve made several payments.

However it’s becoming increasingly difficult. What are the consequences if I make can’t payments? Can they come after my assets like house and car?

Comments

First step is contact the SBA. Tell them your situation.

Next, speak to a bankruptcy attorney and see what they say.

Hang in there.

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Posted
1 year ago