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Showing 2 posts tagged loans.

Student Loans and the Rising Acceptance of Bankruptcy Non-Dischargeability: Lenders Beware?

Since 2005, student loans have been nondischargeable in bankruptcy proceedings unless a debtor can prove that repayment would subject him/her to “undue hardship.”  Historically, this standard has been incredibly hard to meet, causing debtors to emerge from bankruptcies still covered in student loan debt.  Now, due to the ever-expanding student loan bubble, bankruptcy courts around the country are starting to take a second look at student loan debt and what can be done to change the way bankruptcy judges approach the problems student loan debts create.  This added scrutiny by the courts should make lenders who offer private student loans or consolidation loans wary. More >

Does my business qualify for a KEDFA small business loan?

At McBrayer, we realize that small businesses are the backbone of America. That is why we thoroughly enjoy helping entrepreneurs get on their feet and open their door to business. Whether it is starting or expanding a company, our corporate law attorneys can aid in every step of the process. One of the biggest obstacles in opening a small business is acquiring adequate funding. It is important to know what financial resources are available and whether your business qualifies for them. One such resource is the Kentucky Economic Development Finance Authority's ("KEDFA") Small Business Loan Program. More >

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