If You Owe More than $30,000 Contact us for a Free Case Evaluation at: (888) 303-6975

SBA Articles

Recall Your SBA Debt from Treasury Department’s Bureau of Fiscal Service: Learn How

Your small business has failed … The loan has been in default for years … The business has shut down … all business property, equipment, inventory and/or commercial real estate has been been liquidated, foreclosed or repossessed. The originating lender has opted not to file a lawsuit against you on your personal guarantees.  You think…

Read More

Can I Still Request A Hearing On An Administrative Wage Garnishment If The Hearing Request Date Has Passed

If you have incurred an SBA loan default and failed to submit an SBA offer in compromise or your SBA offer in compromise was rejected, you may be subject to an administrative wage garnishment. An administrative wage garnishment consists of a procedure whereby the government can garnish up to 15% of your paycheck. Before the…

Read More

Commentary: Why Hire An Attorney To Prepare and Negotiate Your SBA Offer in Compromise

Small business owners with an SBA 7(a) or SBA 504 loan who signed personal guarantees should hire qualified counsel (an attorney authorized to practice before the SBA or U.S. Treasury Department) when facing an SBA loan default and considering resolution options such as an SBA Offer in Compromise. SBA 7(a) loans are originated by private…

Read More

Bank Officers Charged with SBA Loan Fraud

Financial institution officers and a bank consumer had been charged inside the Chicago area Tuesday with fraud for submitting a false loan application to the SBA (SBA) for nearly $4 million. James Graber and Kristin King, along side Ryan Cole of Garland, Texas, were charged by a federal grand jury in Rockford with wire fraud…

Read More

Case Brief: Discharging Liability on SBA Guarantee

Case Brief: Discharging liability on SBA Guarantee Video Transcript The transcript of the video follows below for further review. CASE BRIEF: An SBA guarantor can be discharged from personal liability under California state U.C.C. law to the extent that the lender or the SBA (as assignee) unjustifiably impairs any collateral pledged as security for the…

Read More

DEPARTMENT OF JUSTICE: SAMPLE COMPLAINT AGAINST PERSONAL GUARANTORS FOR OUTSTANDING SBA DEBT

DEPARTMENT OF JUSTICE: SAMPLE COMPLAINT AGAINST PERSONAL GUARANTORS FOR OUTSTANDING SBA DEBT Video Transcript   The transcript of the video follows below for further review. 31 C.F.R. Part 904 provides the reasons to refer SBA debt cases from Treasury Department’s Bureau of Fiscal Service to the U.S. Department of Justice for collection litigation. Once an…

Read More

Treasury Department’s authority to refer SBA debt cases to the Department of Justice for collection litigation

Department of the Treasury Bureau of Fiscal Service Power to Refer SBA debt to the Department of Justice for collection by litigation Video Transcript:   The transcript of the video follows below for further review. When an SBA debt case is referred for Department of Justice collection litigation, it is first routed to the National…

Read More

Case Study: Third Party Lender Duties on SBA Loan Default

Video Transcript   The transcript of the video follows below for further review. The case of Rister v. Yadkin Bank arose out of a United States Small Business Administration (“SBA”) loan that Defendant Yadkin Bank (“the Bank”) made in 2011 to a corporate borrower, Mystique Makeover, LLC, a salon in Charlotte, North Carolina, operated by…

Read More

Demand Letters From Private Collection Agencies

Video Transcript   The transcript of the video follows below for further review. If you have an SBA loan default that has been referred to the Department of Treasury for collection, you may have been contacted by a private collection agency (PCA): Pioneer Credit Recovery, CBE Group, Performant or Conserve. A recent case addressed a…

Read More

Confirmation Hearing for Proposed SBA Head McMahon

Protect Law Group is committed to resolving your SBA loan default problems. Our experienced attorneys can help you through the SBA loan default process with an SBA offer in compromise, administrative wage garnishment defense, or other SBA loan forgiveness processes. With the new Trump administration comes new cabinet appointees including proposed SBA head Linda McMahon. …

Read More

SBA Office of Inspector General Releases Semi-Annual Report

Protect Law Group is committed to resolving your SBA loan default problems.  Our experienced attorneys can help you through the SBA loan default process with an SBA offer in compromise, administrative wage garnishment defense, or other SBA loan forgiveness processes. The Office of Inspector General (OIG) provides independent, objective oversight to improve the integrity, accountability,…

Read More

Trump Names Professional Wrestling Exec to SBA Top Post

Protect Law Group is committed to resolving your SBA loan default problems.  Our experienced attorneys can help you through the SBA loan default process with an SBA offer in compromise, administrative wage garnishment defense, or other SBA loan forgiveness processes. President-elect Donald Trump announced former World Wrestling Entertainment executive Linda McMahon as his choice for…

Read More

We are here to help you with your SBA loan problems.

If you owe more than $30,000, call our experienced attorneys at (888) 303-6975 anytime for a Free Case Evaluation

SBA loan attorney

Helping provide real solutions to individuals who are facing SBA loan problems. Contact one of our experienced SBA Attorneys and Federal Agency Practitioners today for a Free Case Evaluation - (888) 303-6975. 

We are here to help you with your SBA loan problems.

If you owe more than $30,000, call our experienced attorneys at (888) 303-6975 anytime for a Free Case Evaluation