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Bad timing! Bad local bank...
by WorkingVet, Window Shopper
- Created: October 25, 2012, 11:57 pm
There may not be a solution to my problem here and if that's the case maybe
someone can point me in the right direction. Short version goes like this.
Rain = slow work so I fell behind in the accounts recievable area. In the
last 3 weeks everyday has been a 12 to 14 hour day making money and opening
the door to more business. Monday I got a $1200.00 check and was going to pay
up my almost 2 month behind loan on my tractor which was $314.00 a month.
Mind you I have work lined up and more to do for the customer I just did a
job for. The little "community" bank here in my town changed ownership about
a year ago. The new owner and the new president are not small community
friendly and have cut a bunch of throats. It is my fault but my throat has
been cut! The day my loan hit 2 months late they reposessed my tractor and
trailer with no option to pay up to current. I must pay off the loan in full
in 7 days or lose them. I do not have good credit, it's not bad but I haven't
used credit for years and that is just as bad. So I pray there is some place
or even maybe some person that can help me find $6900.00 to save my $13k +
stuff! Yes I will entertain any and all advice. Please no put downs as I am
already kicking myself for being literally 1 day late from saving my stuff.
SBA Community

jtowbin | Community Moderator | 10/29/2012 - 2:50 pm
WorkingVet | Window Shopper | 10/26/2012 - 12:47 am
section, and what did I find? Now I say this not because I caused my problem
but I found the bank that reposessed my stuff at the top of the list! I'm a
vol Firefighter here and even the VFD quit doing business with them. Half of
the town has closed their accounts because they lied to us. People who have
relied on that bank for generations for help no longer have that help
available to them. Why do the likes of the new owner and president have no
problem not giving people a chance? Why do they not care? Sure, they need to
get paid but 2 months to the day they take my stuff, and I have the $ to get
current but before I could pay they took and won't take the payment I must
pay it off or lose it. Sad...
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