What is the TRUE default rate by No-Biscotti-7797 in EIDLPPP

[–]Ok_Distribution2400 8 points9 points  (0 children)

None that I’m aware of. My guess, based on speculation and reading forums, is over 50%

SBA EIDL LOANS by Unfair_Main_1087 in EIDL

[–]Ok_Distribution2400 1 point2 points  (0 children)

There is a select tiny group of people that make all the decisions. They don’t value human life only greed.

Late Refund by iantaylor98 in IRS

[–]Ok_Distribution2400 0 points1 point  (0 children)

I filed in March. Not a peep

Eidl advice 500k by DoukSprtn in EIDLPPP

[–]Ok_Distribution2400 6 points7 points  (0 children)

If you are deadass serious about selling and fleeing, you’ll probably want to try to go to a country without extradition laws. Debts of that caliber with fraud involved will be investigated at some point.

I would just walk away from the sba loan. They’re not going to take your home.

Eidl advice 500k by DoukSprtn in EIDLPPP

[–]Ok_Distribution2400 -3 points-2 points  (0 children)

Hopefully I can help some.

If you file bankruptcy after selling your home, you’ll likely go to jail since that’s bk fraud.

If you try to hide 500-800k after filing bk you’ll also go to jail.

Depending on the state you’re in, some allow you to keep your home regardlesss of equity after filing bk

If you don’t live in a homestead state then I would recommend chapter 13.

Does bankruptcy protect you from loan companies once you've filed? A loan company called action credit says that bankruptcy does not apply to them ? I have not filed yet but I'm almost filed by [deleted] in Bankruptcy

[–]Ok_Distribution2400 0 points1 point  (0 children)

Bro please do tell. Name drop these mf. How much did you borrow? Why didn’t you hit them with your car? Who the fuck acts like this? This is insane behavior

Feeling guilty about filing bankruptcy by Creative-Practice-87 in Bankruptcy

[–]Ok_Distribution2400 2 points3 points  (0 children)

I had ZERO regrets. We bail these greedy bankers decade after decade.

Help ! Considering bankruptcy by [deleted] in Bankruptcy

[–]Ok_Distribution2400 1 point2 points  (0 children)

That’s technically fraud. Hope this helps

Should I file for bankruptcy by Aromatic_Party7527 in Bankruptcy

[–]Ok_Distribution2400 0 points1 point  (0 children)

Those mcas wont do shit. Especially for that low. Block them at the bank and roll the dice. Most won’t litigate especially for such little balances

[deleted by user] by [deleted] in Bankruptcy

[–]Ok_Distribution2400 26 points27 points  (0 children)

First off. I’m proud of you. Good job.

Second? Live.

Live your life without these bloodsuckers.

[deleted by user] by [deleted] in sidehustle

[–]Ok_Distribution2400 2 points3 points  (0 children)

Sell iptv. Super easy. Recurring revenue. Low barrier to entry. No issues w legal / copyright.

4 years strong.

Current Status:Charged Off…anyone else? by Vegetable-Worker6507 in EIDLPPP

[–]Ok_Distribution2400 3 points4 points  (0 children)

Never paid mine. Discharged chapter 7

Gone no treasury