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re: Failed business....
Posted on 2/13/24 at 9:15 pm to sdc74
Posted on 2/13/24 at 9:15 pm to sdc74
I am sorry you are going thru this. i wish your partner a speedy recovery. One option is to try to raise funds from other sources (other assets, relatives, friends) and purchase the note and assignment of the collateral from the bank. You would then be the creditor to the LLC and could work out of the issues on your schedule.
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