🚨 Can SBA Loans Be Discharged in Chapter 7 Bankruptcy? YES. 🚨

Hoping to learn more about your options when faced with financial challenges? You've come to the right place.
Picture of Stephen Dunne, Esq.

Stephen Dunne, Esq.

Philadelphia bankruptcy, credit report, and debt collection abuse attorney

Hoping to learn more about your options when faced with financial challenges? You've come to the right place.
Picture of Stephen Dunne, Esq.

Stephen Dunne, Esq.

Philadelphia bankruptcy, credit report, and debt collection abuse attorney

Today is the day.

It’s past time you had someone in your corner.
Our first consultation is always free.

In a recent case I filed for a local doctor, we proved it.

πŸ“… Filed: January 8, 2025

πŸ“… Discharged: April 15, 2025

βœ… Time to complete: Just 97 days

πŸ’₯ Total Debt Erased: $2.6 Million

This included a substantial SBA loan, which many assume is not dischargeable. But here’s the truth: Chapter 7 bankruptcy eliminates personal liability on SBA loans, just like other unsecured debts.

We didn’t stop there.

🏠 The doctor’s home had over $400,000 in equity, and multiple judgment creditors had recorded liens. To fully protect her fresh start, I filed Motions to Avoid Judicial Liensβ€”an essential but often overlooked step in high-asset bankruptcies. Those liens were stripped, preserving her home’s equity and clearing the title.

Bankruptcy isn’t just about wiping out credit cards. It’s a powerful legal tool that can restore livesβ€”even in complex, high-stakes cases like this.

πŸ“½οΈ I break it all down in this quick 60-second video ⬇️

https://youtube.com/shorts/bc6hhvadnt4

#BankruptcyLaw #SBALoan #Chapter7 #DebtRelief #LienAvoidance

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