It's no big deal.
If you don't have the money you don't have the money...
I had a similar situation at my first startup where I was on the hook for $36,000... not $9k. And everything worked out fine. You will have to restructure the debt and it will probably nick your credit but that's not the end of the world.
I will comment though that people are often confused about forming companies to prevent personal liability. If you are the only person on the books for the company, you're still on the hook for everything, whether you've got an LLC, C-Corp, S-Corp, etc.
I will comment though that people are often confused about forming companies to prevent personal liability. If you are the only person on the books for the company, you're still on the hook for everything, whether you've got an LLC, C-Corp, S-Corp, etc.