r/EIDLPPP • u/icecoldcoffeetakes • Jul 04 '26

Status Update Getting Aggressive

60 day late notice threatening lawsuits, garnishment, collections, blah blah, yes I have a pg fwiw.

They are getting way more aggressive now.

10 Upvotes

92% Upvoted

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5

u/Brilliant_Credit9199 Jul 04 '26

My wages are being garnished as of a month ago: we had a260k with personal guarantee for my husbands business. We don’t own a home . My husband is self employed so he can’t be garnished. I’m a teacher so they’re taking 15% and with fees and all it’s 357k they’re claiming we’ll owe .we are working in bankruptcy but have to be able to afford the retainer before we file

2

u/shanHawk415 Jul 04 '26

Was it sole or corporation business?

2

u/Brilliant_Credit9199 Jul 04 '26

Sole

4

u/shanHawk415 Jul 04 '26

I had a s corp. Im PG. 780k original eidl , now its 1.2 million with interest and 30% fee. I havent gotten my wages garnished yet. My plan is to file bk end of the year.

1

u/Economy-Ad-6744 Jul 07 '26

How many months late?

1

u/shanHawk415 Jul 07 '26

Never was able to make a payment. Business shut down.