Category Archives: Bankruptcy Attorneys
What Should You Do If Your Company Cannot Make Its EIDL Payments?
What should businesses in West Palm Beach or elsewhere in South Florida do if they cannot make payments on an Economic Injury Disaster Loan (EIDL) program loan they received during the COVID-19 pandemic? To put that question another way, if your business has an EIDL loan and cannot make payments on that loan because… Read More »
3 Things To Know About Bankruptcy According To The DOJ
What do you need to know if you are considering bankruptcy? From the start, you should recognize that bankruptcy law in the U.S. is extremely complex, and you will not be able to learn everything you need to know about bankruptcy in one reading. However, there are some key things you should know about… Read More »
What Will Happen To EIDL Loans In A Business Bankruptcy?
Does your business have an Economic Injury Disaster Loan (EIDL) program loan from the pandemic, and is your business considering bankruptcy as EIDL payments are coming due? It is critical to understand what will happen to your EIDL loan in a business bankruptcy and whether you could be personally impacted by a business bankruptcy… Read More »
Can I Close My Business With An Outstanding EIDL Loan, Or Do I Need To File For Bankruptcy?
Did your business apply for a loan through the Economic Injury Disaster Loan (EIDL) program, through the U.S. Small Business Administration (SBA), during the COVID-19 pandemic? Your business certainly is not alone. As a report from ABC News discusses, as of January 2023, payments are now coming due on these loans for millions of… Read More »
Justice Department Updates Important Student Loan Discharge Form
Whether you have been considering bankruptcy for some time and are inquiring about if it may be possible to have your student loan debt discharged, or you have been following news about new guidance and wondering about the possibility of having your student loan debt discharged, you are not alone. As the student debt… Read More »
You May Be Able To Discharge Student Loans In Bankruptcy
A common myth about consumer bankruptcy cases, including both Chapter 7 and Chapter 13 cases, is that student loan debt is a type of non-dischargeable debt. While it has, historically, been more difficult to have student loan debt discharged than other types of debt, it has not been impossible. Even so, the process has… Read More »
What Is An Attestation Form In Student Loan Bankruptcy Discharges?
Are you planning to file for bankruptcy in order to have your student loan debt discharged? Now that the process outlined in the Biden administration’s new guidance is in effect, it is likely that more debtors will be seeking a discharge of their student loans in consumer bankruptcy cases. Indeed, the new guidance and… Read More »
5 Things To Know About New DOJ Guidelines For Student Loan Bankruptcy Discharges
Did you know that the process for discharging student loans in bankruptcy cases changed? In November 2022, the U.S. Department of Justice clarified the new process to assist individuals who may qualify for student loans to be discharged. What do you need to know about the changes that have taken place? Our West Palm… Read More »
Can I Discharge Student Loans Along With Other Debts In Bankruptcy?
If you have read recent news about student loans and bankruptcy, you likely know that the U.S. Department of Justice released new guidance on the process for discharging student loans in individual bankruptcy cases. Discussing the new guidance, an Inside Higher Ed article noted that the new guidance may indeed “provide a meaningful avenue… Read More »
New DOJ Guidance For Discharging Student Loans In Bankruptcy
The U.S. Department of Justice (DOJ) recently announced new guidelines related to the discharge of student loan debt in bankruptcy, developed in coordination with the U.S. Department of Education. On November 17, 2022, a memorandum was released to provide guidance “regarding requests to discharge student loans in bankruptcy cases.” It is important to know… Read More »