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Don't break the rules of self-employment

March 30, 2013
By Mary Hunt , Times-Republican

Dear Mary: My husband and I have really gotten ourselves in deep this time. At the time, we thought starting a franchise using our personal credit cards was a good idea. The manager we hired was inept and untrustworthy. Now we are in credit-card debt to the tune of $250,000. We are trying to crawl out from under this problem and are out of working capital to keep things going. We can't find anyone who will make us a consolidation loan. We are sinking fast! -- Name withheld, Texas

 
 
 

 

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