Web20 hours ago · Caret Down. Yes, if you have an SBA loan and go through bankruptcy, it is possible to get the loan discharged. But the lender is still entitled to the asset or assets you offered up as collateral ... WebOct 18, 2024 · If the worst-case scenario occurs, and you cannot pay back a loan for which you are a guarantor, you can get this type of debt discharged through bankruptcy in most cases. You may not be able to get a guarantee for a student loan discharged unless you can prove that paying off the loan would result in an undue hardship. Last reviewed …
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Web20 hours ago · Caret Down. Yes, if you have an SBA loan and go through bankruptcy, it is possible to get the loan discharged. But the lender is still entitled to the asset or assets … WebNov 29, 2024 · Before you can borrow student loans, or any new debt, in Chapter 13, you have to get permission from the trustee. You’ll also need to prepare a plan showing: How … WebJul 29, 2024 · In previous bankruptcy cases, it was unclear whether private student loans were dischargeable loans — until July 2024, when a federal court ruled that private … hornchurch \\u0026 essex funeral directors