bankruptcu question for 單身老貓
I had a small business with debt about $200,000. Right now, the business is closed because no profit. The loan from bank is SBA loan. I tried to make due to return money about $70,000. But bank doesn't take this due. What can I do? If I forward to apply for bankruptcy, is it good idea? If I do bankruptcy, what it will be? I need to know how long and how much I still have to pay for it. What kind life I have to face it if I do bankruptcy?
