I assume it's some version of him saying to the lender "I'm mortgaging my house, selling my wedding ring to put money into this company, is there any way you ca

I assume it's some version of him saying to the lender "I'm mortgaging my house, selling my wedding ring to put money into this company, is there any way you can let us get by with lower payments" and the bank saying "No. We have a contract, and we're willing to put you into bankruptcy if you can't pay us."