Q: I closed my business.can't pay back my business loan and I personally guaranteed If i get sued and not appear at court?
A: You will get sued and you should appear and try to settle it.
A: If you do not appear, they will get a default judgement against you. You might want to consider bankruptcy to avoid the loan, depending on your personal assets and other liabilities
A: If you do not appear, they get a default judgment against you.
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