If you Owe more than $30,000 contact us for a free case evaluation at (833) 428-0937
contact us for a free case evaluation at (833) 428-0937
Call us (833) 428-0937

Treasury Investigation and Discovery

We Provide Nationwide Representation of Small Business Owners, Personal Guarantors, and Federal Debtors before the SBA and Treasury Department's Bureau of Fiscal Service

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Treasury Investigation and Discovery

If you have recently received a written notice from the Department of Treasury demanding payment for an SBA loan default you may not know which way to turn. Not only has your SBA debt come back to haunt you but the amount is now up to 30% more than because the Department of Treasury has added oppressive “collection fees.”

You may feel a certain type of paralysis because the federal government is looking to collect more money than you will ever be able to pay back in your lifetime. The first step you need to take is perform a proper investigation and an analysis of your legal defenses, where applicable.

Neither the SBA nor the Department of Treasury needs to go to court and prove their case in front of a jury or judge like a private creditor when it pursues you through the federal agency system. You do not receive your “day in court” to argue your case when the federal government is your creditor. The SBA and Department of Treasury unilaterally decide that you owe the debt. They do not send you any documents that prove you owe the debt and the federal government certainly does not provide you documents that may exonerate you from liability. The SBA and the Treasury may have hundreds of pages of documents related to your case, which you have a right to inspect and review.

To get your day in court, so to speak, you have to figure out what evidence is available and the legal defenses you can assert. An SBA Attorney can conduct such an investigation and advise you of your options. Once you know your options, you can make an informed decision on how to dispute the claimed debt.

Before filing bankruptcy and ruining your credit or taking another path, you should consider having one of our SBA Attorneys to conduct a proper investigation of your federal debt and determine if there are better alternatives.

Contact us today for a free Case Evaluation.

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Treasury Investigation and Discovery
$375,000 SBA 504 LOAN - SBA OIC CASH SETTLEMENT

$375,000 SBA 504 LOAN - SBA OIC CASH SETTLEMENT

Client personally guaranteed SBA 504 loan balance of $375,000.  Debt had been cross-referred to 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.

$220,000 SBA 7A LOAN -DOT WAIVER OF ADMINISTRATIVE FEES & COSTS

$220,000 SBA 7A LOAN -DOT WAIVER OF ADMINISTRATIVE FEES & COSTS

Clients personally guaranteed an SBA 7(a) loan that was referred to the Department of Treasury for collection.  Treasury claimed our clients owed over $220,000 once it added its statutory collection fees and interest.  We were able to negotiate a significant reduction of the total claimed amount from $220,000 to $119,000, saving the clients over $100,000 by arguing for a waiver of the statutory 28%-30% administrative fees and costs.

$150,000 SBA 7A LOAN - SBA OIC CASH SETTLEMENT

$150,000 SBA 7A LOAN - SBA OIC CASH SETTLEMENT

Client personally guaranteed SBA 7(a) loan balance of over $150,000.  Business failed and eventually shut down.  SBA then pursued client for the balance.  We intervened and was able to present an SBA OIC that was accepted for $30,000.

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