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yes I did default on the loan.
Business has gone down hill and I can not pay.
It is a small auto repair shop and everything is rented.
The loan amount is 17,000 after all the add ons
What is the Statue of Limitations?
I've have not paid any on this for at least 2 years or more
If I can not re-negotiate the terms of the loan or work out some type of payment plan what can they take to satisfy any judgement?
I have not been served yet, just read it in the paper this morning
Thank you so much for your time