SBA Loan Default & Treasury's Aggressive Collection Tactics
Dealing with an SBA OIC case can be hard on anyone. This is why you should allow one of our lawyers to settle SBA debt on your behalf. Talk to us about your SBA loan default situation.
Generally, there are at least seven (7) legal sources to consider reviewing in connection with trying to settle SBA debt, resolve SBA loan default or defend against a DOT collection matter. The seven (7) sources that we believe are essential for research into these important issues are:
When locating certain research sources to settle SBA debt case or defend against a DOT collection matter, we often break our initial research into two (2) parts:
Legal Research Sources Internal to the SBA:
Legal Research Sources External to the SBA:
Hence, there are several branches of legal resources and authorities which need to be researched and reviewed when dealing with any SBA loan default, SBA OIC or DOT debt collection matter. To say that it is okay to simply ignore these important resources, then any SBA or DOT debtor told to do so, has been advised by the non-attorney salesperson who simply does not know what “he” is talking about, and in all reality . . . is providing not only irresponsible advice, but also negligent counsel. Typical . . . I guess for a “non-attorney” who neither has a doctorate, passed a bar exam (or multiple bar examinations), practiced law for several years (but is trying to do so in an arguably unauthorized and illegal fashion) nor worked with such important federal agency issues. Generally, when you don’t possess something . . . human nature tells you to criticize what you don’t possess. It’s nothing more than a “defense mechanism” in order to deal with a severe inferiority complex
You should not have to struggle to settle SBA debt on your own. Instead, turn to one of our attorneys who specializes in SBA OIC & DOT debt claims. We are dedicated to helping you settle SBA loan default and/or federal nontax debt with the DOT.
If you are struggling with circumstances that involve SBA loan default and/or a DOT referral, you deserve professional help! Our attorneys all know how to win SBA OIC and DOT compromise cases. If you contact us, we can help you settle SBA debt once and for all. After you schedule an appointment, you confer with a devoted SBA OIC lawyer and/or United States Treasury Dept. Practitioner who will help you through your administrative legal battle. After your claim is resolved, you will never again have to worry about your SBA loan default problem and/or DOT collection claim haunting you. Our team of lawyers has assisted many clients through the years. Now it is your turn! You truly can resolve SBA debt and/or DOT matter for good!
Millions of Dollars in SBA Debts Resolved via Offer in Compromise and Negotiated Repayment Agreements without our Clients filing for Bankruptcy or Facing Home Foreclosure
Millions of Dollars in Treasury Debts Defended Against via AWG Hearings, Treasury Offset Program Resolution, Cross-servicing Disputes, Private Collection Agency Representation, Compromise Offers and Negotiated Repayment Agreements
Our Attorneys are Authorized by the Agency Practice Act to Represent Federal Debtors Nationwide before the SBA, The SBA Office of Hearings and Appeals, the Treasury Department, and the Bureau of Fiscal Service.

Client personally guaranteed SBA 7(a) loan balance of $58,000. The client received a notice of Intent to initiate Administrative Wage Garnishment (AWG) Proceedings. We represented the client at the hearing and successfully defeated the AWG Order based on several legal and equitable grounds.

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.

Client's small business obtained an SBA COVID EIDL for $301,000 pledging collateral by executing the Note, Unconditional Guarantee and Security Agreement. The business defaulted on the loan and the SBA CESC called the Note and Guarantee, accelerated the principal balance due, accrued interest and retracted the 30-year term schedule.
The loan was transferred to the Treasury's Bureau of Fiscal Service which resulted in the statutory addition of $90,000+ in administrative fees, costs, penalties and interest with the total debt now at $391.000+. Treasury also initiated a Treasury Offset Program (TOP) levy against the client's federal contractor payments for the full amount each month - intercepting all of its revenue and pushing the business to the brink of bankruptcy.
The Firm was hired to investigate and find an alternate solution to the bankruptcy option. After submitting formal production requests for all government records, it was discovered that the SBA failed to send the required Official 60-Day Pre-Referral Notice to the borrower and guarantor prior to referring the debt to Treasury. This procedural due process violation served as the basis to submit a Cross-Servicing Dispute to recall the debt from Treasury back to the SBA and to negotiate a reinstatement of the original 30-year maturity date, a modified workout, cessation of the TOP levy against the federal contractor payments and removal of the $90,000+ Treasury-based collection fees, interest and penalties.