Can SBA EIDL Loans Be Discharged in Bankruptcy?
Автор: Keck Legal, LLC
Загружено: 2025-05-01
Просмотров: 4578
Correction:
01:21 The interest rate for SBA EIDL loans is 3.75%.
If you or your business took out an SBA EIDL (Economic Injury Disaster Loan) during the COVID-19 pandemic and are now struggling with repayment, this video is for you.
Topics we explain:
The key differences between EIDL loans, PPP loans, and other SBA-backed loans
Whether EIDL loans can be discharged or restructured in Chapter 7 or Chapter 11 bankruptcy
How secured vs. unsecured claims impact what you owe
What options you may have — including cramdown, debt relief, and loan modification
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