Monday, May 10, 2010

Maybe we should just pack it in. Sell what we can. Give away the rest. Walk away.

The SBA told us today that it won't even give us a minimal loan to cover the repair of our machinery unless we sign our house on as collateral. And you know what? After 20 years of been there, done that, I am just not willing to do it again. We finally got out from under the SBA last year when we sold the building, and after 9 years of being unable to refinance because of them, I am simply not willing to do it again.

I am so tired. Why did they tell us we wouldn't be required to do this? It would have saved me so much time and heartache if I had known this in the beginning. They told me we would not have to sign away our home. Why did they tell us that? Why?

Thank God for our friends. That is all I can say.


SingingOwl said...

I'm so sorry.

What ShiftWorker said to you a few posts profoundly true.

Praying for you.

Rachel Nguyen said...

Hey Singing Owl,

Thanks for stopping by the Dunk. It has been a long road, that is for sure. But Nguyen and I are hanging in there. We still have senses of humor and are trusting in God.

Mary Beth said...

i haven't been here in ages so have missed all this. i'm so sorry about it. You and Nguyen and all of you are in my prayers