Business Financing

Quite often, we get calls from borrowers in a panic. They got a letter from the banks lawyer, and the bank is seeking a personal judgment against them. People don’t always know exactly what that means, but they know it ain’t good.

I have been asked many times, what will the SBA actually do? Will they liquidate our home, people ask in disbelief? Will they really garnish my wages? Many do not believe these procedures will actually occur, but they will.