In a recent case I filed for a local doctor, we proved it.
π Filed: January 8, 2025
π Discharged: April 15, 2025
β Time to complete: Just 97 days
π₯ Total Debt Erased: $2.6 Million
This included a substantial SBA loan, which many assume is not dischargeable. But hereβs the truth: Chapter 7 bankruptcy eliminates personal liability on SBA loans, just like other unsecured debts.
We didnβt stop there.
π The doctorβs 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 Liensβan essential but often overlooked step in high-asset bankruptcies. Those liens were stripped, preserving her homeβs equity and clearing the title.
Bankruptcy isnβt just about wiping out credit cards. Itβs a powerful legal tool that can restore livesβeven in complex, high-stakes cases like this.
π½οΈ I break it all down in this quick 60-second video β¬οΈ
https://youtube.com/shorts/bc6hhvadnt4
#BankruptcyLaw #SBALoan #Chapter7 #DebtRelief #LienAvoidance