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

New SBA SOP Eases Loan Process for Franchisees

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 SBA historically has been a major cog in the lending to franchises. In the…

Read More

SBA Director Issues Final 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. SBA head, Maria Contreras-Sweet, issued her final report as she will be replaced with the…

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

Referral of SBA debts to the U.S. Department of Justice for Litigation

SBA Loan Default Cases: What generally happens when SBA debts are referred to the DoJ for litigation? Video Transcript  The transcript of the video follows below for further review.Once an SBA loan has been delinquent between 120 days (4 months) and 180 days (6 months), the loan is generally referred to the U.S. Treasury Department’s…

Read More

Beware of the Confession of Judgment Clause: SBA loan default cases

Confession of Judgment Clauses in SBA Loan Documents, Repayment Agreements, Stipulations, Forbearance Agreement or other instruments  in connection with SBA loan default cases Video Transcript  The transcript of the video follows below for further review.One of the most powerful weapons that may be incorporated into certain loan documents on an SBA Loan Default Case where…

Read More

Why an Attorney is Needed for a SBA Offer in Compromise

One of the consequences of a failing small business is SBA loan default. The owner ends up with the debt of the small business association (SBA) loan. There are a few avenues to take, once a SBA demand letter has been received. The first thing a failed business owner needs to do is hire a…

Read More

The Broad Scope of an SBA Offer in Compromise

For many years, the Small Business Administration (SBA) has been helping individuals and small businesses acquire loans for entrepreneurial enterprises. Many small businesses are in business today thanks to the SBA. Because the SBA is a government organization, they have a broad reach and many banks, both national as well a regional, are authorized to…

Read More

Consider Options Such as an SBA Offer in Compromise

Businesses can suffer from excessive debt, just as individuals can. According to the SBA, almost half of all small businesses fail within the first five years, mostly because of poor credit, excessive debt and insufficient capital. Borrowing is sensible when it’s needed to finance expansion or boost cash flow, but many businesses end up in…

Read More

SBA OIG Report: Recommends $3.2m in SBA 7a Guarantee Recoveries

SBA Office of Inspector General’s High Risk 7(a) Loan Review Program Recommends $3.2 Million in Recoveries Video Transcript  The transcript of the video follows below for further review.In fiscal year 2014, the Office of Inspector General (OIG) established the High Risk 7(a) Loan Review Program to minimize losses on Small Business Administration (SBA) guaranteed loans,…

Read More