Contact Our SBA Attorneys for Nationwide Representation of SBA and Treasury Debt Problems
Book a Consultation CallAre you facing uncertainties after receiving an SBA 60-Day Official Notice? Unsure of your next steps regarding your SBA loan default situation? Protect Law Group offers expert legal representation for small business owners, personal guarantors, and federal debtors dealing with SBA investigations and discoveries. Our specialized SBA loan lawyers in San Diego, Orange, and Los Angeles, California, can assist you through this challenging process.
Navigating an SBA investigation can be daunting, as the SBA can add administrative fees and costs if not responded to promptly. Our SBA attorneys excel in unraveling the complexities of SBA discovery, ensuring you understand your options and rights. Let us guide you through the administrative discovery process and review crucial records to develop strategic defense strategies.
When the federal government acts as your creditor, asserting your legal defenses becomes crucial. Our SBA attorneys delve deep into the details of your case, identifying potential defenses and avenues for resolution. Trust Protect Law Group to provide comprehensive legal insights into the available documentary evidence and help you make informed decisions moving forward.
If you have received a 60-day Official Notice for an SBA loan default, it is crucial to seek legal advice. Dealing with SBA demands can be complex and stressful for a small business owner. A lawyer can assist you with the entire process of SBA loan default issues, from submitting offers of compromise to negotiating with lenders, to bankruptcy filings. Their expertise and experience in this field will help you not only manage the paperwork but also protect your rights as a business owner.
Before considering drastic measures like bankruptcy, explore alternative pathways with Protect Law Group. Our SBA attorneys can evaluate your SBA debt thoroughly, shedding light on potential solutions that align with your financial goals. Take the proactive step towards resolving your SBA debt issues effectively and efficiently.
The time to address your SBA investigation and discovery is now. Contact our loan lawyers at Protect Law Group for a detailed Case Evaluation today and entrust our experienced SBA attorneys to safeguard your best interests.
Navigating an SBA investigation can be daunting, as the SBA can add administrative fees and costs if not responded to promptly. Our SBA attorneys excel in unraveling the complexities of SBA discovery, ensuring you understand your options and rights. Let us guide you through the administrative discovery process and review crucial records to develop strategic defense strategies.
When the federal government acts as your creditor, asserting your legal defenses becomes crucial. Our SBA attorneys delve deep into the details of your case, identifying potential defenses and avenues for resolution. Trust Protect Law Group to provide comprehensive legal insights into the available documentary evidence and help you make informed decisions moving forward.
If you have received a 60-day Official Notice for an SBA loan default, it is crucial to seek legal advice. Dealing with SBA demands can be complex and stressful for a small business owner. A lawyer can assist you with the entire process of SBA loan default issues, from submitting offers of compromise to negotiating with lenders, to bankruptcy filings. Their expertise and experience in this field will help you not only manage the paperwork but also protect your rights as a business owner.
Before considering drastic measures like bankruptcy, explore alternative pathways with Protect Law Group. Our SBA attorneys can evaluate your SBA debt thoroughly, shedding light on potential solutions that align with your financial goals. Take the proactive step towards resolving your SBA debt issues effectively and efficiently.
The time to address your SBA investigation and discovery is now. Contact our loan lawyers at Protect Law Group for a detailed Case Evaluation today and entrust our experienced SBA attorneys to safeguard your best interests.
The client personally guaranteed an SBA 504 loan balance of $375,000. Debt had been cross-referred to the Treasury at the time we got involved with the case. We successfully had debt recalled to the SBA where we then presented an SBA OIC that was accepted for $58,000.
Clients personally guaranteed SBA 7(a) loan balance of over $300,000. Clients also pledged their homes as additional collateral. SBA OIC accepted $87,000 with the full lien release against the home.
Our firm successfully assisted a client in closing an SBA Disaster Loan tied to a COVID-19 Economic Injury Disaster Loan (EIDL). The borrower obtained an EIDL loan of $153,800, but due to the prolonged economic impact of the COVID-19 pandemic, the business was unable to recover and ultimately closed.
As part of the business closure review and audit, we worked closely with the SBA to negotiate a resolution. The borrower was required to pay only $1,625 to release the remaining collateral, effectively closing the matter without further financial liability for the owner/officer.
This case highlights the importance of strategic negotiations when dealing with SBA settlements, particularly for businesses that have shut down due to unforeseen economic challenges. If you or your business are struggling with SBA loan debt, we focus on SBA Offer in Compromise (SBA OIC) solutions to help settle outstanding obligations efficiently.
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