May 5, 2015
8:35:00am
8:35:00am
Unless they can't pay it ... or won't ... or declare bankruptcy.
You can sue someone until you're blue in the face, but it's not going to make them pay you money that they don't have.
... and if they can't come up with the money for their balloon payment, it's a sign they have a bad track record with their finances. There is a very good chance that a loan/banking PROFESSIONAL has already looked at their situation and decided that it's too high of a risk. "Guaranteed" is not the term I would use.
... and if they can't come up with the money for their balloon payment, it's a sign they have a bad track record with their finances. There is a very good chance that a loan/banking PROFESSIONAL has already looked at their situation and decided that it's too high of a risk. "Guaranteed" is not the term I would use.
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- tassell
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- May 7, 2023
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