He signed the acknowledgment.

He never discussed it.”

That distinction mattered.

He might not have understood or remembered the name, but I had not hidden an asset from the agreement and then expected him to be bound by a surprise.

The lender’s counsel confirmed that Vanguard had crossed a covenant threshold roughly six weeks earlier.

Its leverage had moved beyond the agreed ratio.

Under the loan terms, that required notice, information, and additional protection for the lender, with remedies depending on the documents and process.

The repayment problem existed before my message.