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Loan Now Current |
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IN 1988 WE TOOK A COMMERCIAL LOAN FOR $250,000.00 THE CURRENT BALANCE IS LESS THAN $25,000.00.
LAST YEAR I MISSED 2 PAYMENTS--THESE HAVE BEEN PAID AND THE LOAN IS NOW CURRENT AND HAS BEEN FOR THE LAST 6 MONTHS.
THE BANK WANTS TO CLOSE FOR DEFAULT.
CAN WE DO ANYTHING?
DONNA/JOHN ARAKELIAN
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Take all the papers you have to a real estate lawyer immediately. That's the person to answer your question, and promptly please. |
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Edith
Originally published on February 16, 2009 |
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