S
seadog
Guest
I have a debt of 600,000 with a commercial bank,they have refused to accept interest only and now want the loan totally repaid or they will start legal action.The money was borrowed for a land acquisition and the land is now for sale but with no buyers and the value is now around the 400,000 if that?If I was able to get an investor would the bank settle for a discount on the loan amount,Thanks for your help.