QUESTION
Trying to determin my options with a business loan default
Asked on Apr 30th, 2017 on Bankruptcy - Michigan
More details to this question:
I have a high interest rate daily payment loans with Rapid Advance. I really didn't understand what i was getting myself into when I took the loan. Anyhow, my business has been down in sales. Literally half what we normally do. I was able to get them to reduce the payments for a while but need a more long term solution.
1 ANSWER
Administrative Law Attorney serving Ann Arbor, MI
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David J. Hutchinson
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You have not given enough information for any sort of educated answer. Find a good local bankruptcy attorney and explain your ENTIRE situation to him or her for the best advice. Good Luck.
Answered on May 01st, 2017 at 6:18 AM