u/Budget-Plantain6733

▲ 4 r/EIDL

SBA Loan

This is the letter that I just received. When I asked a week ago they wouldn't work with me. Has anyone received this letter, paid what was due and the were put back in good standing or were you still sent to the treasury department? see below

INAL NOTICE OF DELINQUENCY Your SBA loan is past due for 5  payment(s) for a total amount due of $790.00  .

To remit payment, please log into MySBA Loan Portal and select "Make a Payment". If you cannot make your payment, SBA will consider a hardship request and new repayment plan. To make this request, you must log into the MySBA Loan Portal or contact the CESC - COVID EIDL SERVICE CENTER  at 833-853-5638  within 15 days from the date of this letter. For assistance regarding your loan, please contact the CESC - COVID EIDL SERVICE CENTER  at 833-853-5638  . Unless you immediately remit the full balance owed, or call the SBA Customer Service Center about repayment within 15 days from the date of this letter, you may be subject to the following without further notice: - acceleration of the whole amount of the loan being due immediately, - interest accruing at the higher default rate, - a lawsuit against you for the full amount owed, - foreclosure against collateral (if any), - garnishment of your wages, - reporting which may disqualify you from obtaining a loan/guaranty from federal agencies, - reporting of your name and other information to credit bureaus, which may adversely affect your credit rating, - transfer of your account to the U.S. Department of the Treasury, which will pursue further collection actions, including offset of any government payments owed to you, - referral to private collection agencies and the U.S. Department of Justice, and/or - adding collection fees and attorney fees to the amount you owe. U.S. Small Business Admini

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u/Budget-Plantain6733 — 1 day ago
▲ 4 r/EIDL

Personal and LLC

I’m going to file for bankruptcy. I have an SBA loan but I’m filing personally (SBA loan shows up on my personal credit report). I have 2 credit cards that are in the business name. Those 2 credit cards do not show up on my personal credit report. Does anyone know if I’ll have to or need to include those 2 credit cards in the bankruptcy? I really don’t want to include them.

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u/Budget-Plantain6733 — 4 days ago

Personal and LLC

I have filled bankruptcy about a week ago. On my personal credit report is an SBA loan. Now I have 2 credit cards in the business name that do not appear on my personal credit profile. Do I need to disclose those 2 cards and include them in the bankruptcy or can this be left out?

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u/Budget-Plantain6733 — 5 days ago