That part made me angry. We tried to sell the business and work out a plan to pay the lender any difference as a result of the loss. They were really mean and almost cruel about it. Kind of bullying us. We told them if they couldn't work with us we may be forced to file bankrupcy - they did all sorts of threatening words if we filed, but gave us no other alternative.
So they ended up with very little money in the end. I guess that was the only saving grace. And once they received a notice from our attorney, they called and left us this message - you should have left us know and sh*t like that.