Hi, I'm an online lender and I've got a query. What happens if someone defaults on a small business loan and that too worth 100K?

1 Answers
3 votes
Vote up!
Vote down!

You could go for a personal guarantee hold up in court. This should enable you to pursue and recoup your losses fully. However, take care that the plan here is properly prepared as well as executed.

Ask Question

Waterfall approach to debt free ™

Legal debt relief methodology that works based on your financial conditions. Learn more »

Last Updated on: Fri, 8 Jun 2018

BBB-A--Rating TrustLink logo TrustLink logo