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I dont own them anything at this point due to the fact that i didnt get paid so they didnt get paid
It was simply a business situation and in business there is always risk
They got bailed ou so did i.We learn from our mistakes and be more careful next time.I certenly had to learn the hard way
Thats why 99% of people that declare bk do not declare second time because they learn.
I get what you saying though.
@danielodonoll wrote:I dont own them anything at this point due to the fact that i didnt get paid so they didnt get paid
It was simply a business situation and in business there is always risk
They got bailed ou so did i.We learn from our mistakes and be more careful next time.I certenly had to learn the hard way
Thats why 99% of people that declare bk do not declare second time because they learn.
I get what you saying though.
lol, nice.
why were you a personal guarantor on those cards? your business should have been able to declare bankruptcy without it affecting your credit
@gen-specific wrote:
@danielodonoll wrote:I dont own them anything at this point due to the fact that i didnt get paid so they didnt get paid
It was simply a business situation and in business there is always risk
They got bailed ou so did i.We learn from our mistakes and be more careful next time.I certenly had to learn the hard way
Thats why 99% of people that declare bk do not declare second time because they learn.
I get what you saying though.
lol, nice.
why were you a personal guarantor on those cards? your business should have been able to declare bankruptcy without it affecting your credit
I wasnt thinking back then i was sure i could pull it but boy was i wrong with the economy going downhill
Whenever you apply for a business credit u need to personaly guarantee the credit obtained.
Its in the past now and iam trying to move forward with the rest of the life.Alots of work to be done
@danielodonoll wrote:Whenever you apply for a business credit u need to personaly guarantee the credit obtained.
Its in the past now and iam trying to move forward with the rest of the life.Alots of work to be done
not true, institutions just need to see your business pulling in income already and they'd be glad to take a risk on your business. you could start your business with something secured or a small personally guanrateed line to build credit (just like you would do personally if you had bad/no credit)
but you are right its in the past now.
@danielodonoll wrote:I dont own them anything at this point due to the fact that i didnt get paid so they didnt get paid
It was simply a business situation and in business there is always risk
They got bailed ou so did i.We learn from our mistakes and be more careful next time.I certenly had to learn the hard way
Thats why 99% of people that declare bk do not declare second time because they learn.
I get what you saying though.
What exactly do you mean by the statement above in red?