Tag SBA loan bankruptcy

Can You File Bankruptcy on an SBA EIDL Loan?

Yes, you can file for bankruptcy on an SBA Economic Injury Disaster Loan (EIDL), but it is essential to understand the nuances involved. Filing for bankruptcy is not a straightforward solution, especially when it comes to government-backed loans like the…

Can You File Bankruptcy on an SBA Loan?

Yes, you can file bankruptcy on an SBA loan, but the implications vary based on the type of bankruptcy you choose and the specifics of the loan agreement. Navigating this complex landscape requires a clear understanding of your financial situation…