u/Motor-Owl6233

My portal shows my status as uncomfortable but I was transferred to Pioneer Credit for collections. Anyone else have this?

Has anyone come to an agreement with Pioneer Credit on repaying their EIDL loan? I was hoping to make a graduated payment plan.

My plan was 459000 but with interest and the pioneer fee- they added 137000 to the loan so I'm around 637000.

Business closed in 2023 with no assets. I'm in my sixties and working and will probably pay this the next of my life.

I don't want to file bankruptcy but I'm still in talks with an attorney on those options. Just wondering if anyone has come to some sort of terms on repayment.

My loan is now with Pioneer Credit. I'm having trouble getting in touch with them by phone. My loan is 459,000 (now 647,000 with Pioneer fee added on). I signed the promissory note on behalf of the business but had the personal guarantee too. The issue I'm running into is:

1. Business closed in 2023

2. I was the only owner

Pioneer sent a the first letters showing my husband as a signer on the loan. I had also just lost my job so the second letter with just my name on it I requested a hearing for hardship. I responded to both letters certified mail but haven't heard back on either issue.

I just landed a new job and am worried about a garnishment on my new salary and my husband's salary. I'm planning on filing a Chapter 11 to hold things off but my question is has anyone had a hearing from Pioneer and if so how did it go? Also, can anyone provide some feedback on how long it takes for them to respond?