How Bankruptcy May Help With Solar Panel Loan

Need Help With Your Solar Panel Debt?

Many homeowners are trapped in solar panel loans that they can’t afford to pay. Worse, many homeowners owe a large debt for a solar system that is not working and the solar panel installer is bankrupt. In some cases, homeowners were deceived about how the loan worked; the tax credits available with the purchase of the system; and the economics of solar energy.

If you need help with your solar panel debt, bankruptcy may forgive or reduce the loan.

Chapter 7 bankruptcy may forgive the loan if you want to surrender the solar panel system. Chapter 13 bankruptcy may reduce the amount owed on the loan. For details on options, read Will Bankruptcy Help With Your Solar Panel Loan?