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What happens if you can’t repay your SBA loan?
SBA debt forgiveness may be taxable: If a lender forgives part of your debt, you may receive a 1099 form for that amount. The ...
Business.com on MSN
What it means to default on a business loan and what to do next
Unfortunately, however, depending on financing can lead some small businesses to financial hardship and loan default. As payments are missed and the possibility of default looms, the type of lender, ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Loan modifications and short ...
A question we’ve received from clients with increased frequency is whether they can forgo recording their loan modification agreement in certain circumstances or jurisdictions without jeopardizing ...
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