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My business (LLC) got sued, filed for bankruptcy. If they people suing try to come after me personally, will personal bankruptcy protect me? John J. Scura III. Esq. explains whether SBA loans can be discharged in a bankruptcy case. If you have any questions about this, Nevertheless, the debtor may still lose the home if the mortgage company completes the foreclosure sale under state law before the debtor files the petition. 11
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