Do you realize how much it costs to get current on 7 years of filings?? Well in excess of 6 figures
Also, when a person or company defaults on a loan, but does not file bankruptcy, the amount of the loan forgiven is considered income that tax must be paid on.
Do you realize how much taxes an penalties UNVC would owe if the loans were forgiven??? UNVC already has 6 figures worth of IRS liens on it already.
Also, the city of Baltimore has 6 figures worth of liens on UNVC for defaulting on the minority development loans given to Dalton and UNVC
#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,