OFFER IN COMPROMISE (“OIC”) FOR  SBA EIDL LOANS UPDATEIs the SBA accepting OIC applications for SBA EIDL loans? If you search online, you'll find conflicting answers.

“Now I can’t even rent an apartment”
Chuck, not his real name, talked to me last month about filing bankruptcy. He’d been trying to “resolve” his debts through one of the newer debt settlement outfits, Five Lakes.  

Chapter 7 income eligibility got slightly easier April 1, 2025
People making less than the median income have income eligibility to file Chapter 7 bankruptcy. Those numbers adjusted up, April 1, 2025.  For Virginia, eligibility is automatic for singles under $77,420, family of 4 under $145,585.
What if I’m over the median income? You can still pass the “means test.”

How To Join A Meeting On Zoom? | Quick Start Guide
The bankruptcy trustee hearings are on Zoom. If you are not a regular Zoom user, this page shows you what to do. For the instructions on how to join a meeting with Zoom, just click on the link above.  Or click on the picture.

How To Join A Meeting On Zoom? | Quick And Easy Guide

When a favor turns into a financial burden, what happens next?
Co-signing a loan might be doing someone a big favor by helping them get a car, a credit card, or even their first home. But what happens if they can’t keep up with the payments? You could end up responsible for the debt, turning that favor into a financial burden. If bankruptcy is involved, a co-signed debt bankruptcy Medford attorney can help you understand your rights and explore ways to protect yourself.