What Occurs When You Fail to Repay an Unsecured Business Loan: Five Legal Solutions Many Entrepreneurs Overlook
Entrepreneurs face tremendous challenges, and failing to repay an unsecured business loan can feel like a catastrophic setback. Alarmingly, more than half of business proprietors who default on unsecured loans risk bankruptcy within one and a half years. Yet, most remain unaware of five legal strategies that could preserve their fiscal well-being.