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How to raise money?? Urgent please help.?
So long story short the bank messed me over big time, and I still owe well over $1 million.... That's not something we can rake up easily and I was just wondering if anyone knows ways to raise that kind of cash to help us out of this predicament? I've heard of fundme but will that even work?
Please help, any suggestions would be greatly appreciated
I know you must think I dug myself into this debt but that isn't true, the bank suddenly called in our loan that we were faithfully working off... They made us sell our company rather than paying it off in the original allotted time.. And since we had to sell it so quickly, we had to put it up for auction and only sold it for 1/4 of what it was worth.... Needless to say, it was completely unexpected, took us completely off guard and we don't know what to do
3 Answers
- ?Lv 76 years ago
For most people bankrupsy would be the solution.
You need a sympathetic story, like needing money for an operation for your kid, not just needing cash, in order to to get people to donate, No way your going to be able to raise anything near a million in donations.
- MsBittnerLv 76 years ago
You owe over $1 million? You're not going to get any help from people who've spent their time living cheap and denying themselves luxuries you enjoyed while you got this deeply into debt. Sell everything you have, pay what you can, and file for bankruptcy.
