Are loans acquired from the government during the COVID era dischargeable by bankruptcy
Generally yes — there is no special protection for SBA, EIDL, or PPP debt in bankruptcy. Government-issued business loans are not on the list of...
New York, NY
Chapter 7 bankruptcy Lawyer at New York, NY
Practice Areas: Chapter 7 Bankruptcy, Chapter 13 Bankruptcy
Generally yes — there is no special protection for SBA, EIDL, or PPP debt in bankruptcy. Government-issued business loans are not on the list of...
Yes. Report it to your attorney and if you do not have one to your chapter 13 trustee immediately, before anything else happens with the...
In very limited circumstances you can transfer ownership of your property in Bankrutpcy. However, in your case you only discharged the amount you...
Yes, you will be able to keep your car. Any pre-petition arrears can be paid in the plan. Usually, you can enter into an agreement with the...
Yes, but you will not get a discharge. You can file a chapter 13 to pay back the judgment. Or to protect yourself while you wait out the time...
Sometimes waiting a few months to file cases like yours is the key. In Bankruptcy, the longer you wait the less chance an AP will be filled. If...
Generally speaking, if you received the UI benefit because of no fault of your own the debt is dischargeable.
I am not licensed to practice in California and this is not intended to be legal advice. I would just add that if you need time to put...
This is not intended to be legal advice. It depends on your state's exemptions. If the IRA is 100% exempt you can use the funds. However, I do...
Good question. There are several additional facts I would need to know about your case but I will try to answer your question. The Bankruptcy...
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