We provide individuals with solutions whose SBA loan problems & other federal non-tax debts are referred to Treasury for aggressive collection. We employ practical strategies to resolve your Treasury collection problems and teach you about submitting a Compromise Offer.
On October 7, 2012, the Secretary of the Treasury, Timothy Geithner, issued Treasury Order 136-01 which consolidated and re-designated the bureaus formerly known as the Bureau of the Public Debt and the Financial Management Service as the Bureau of the Fiscal Service.
This Order delegated to the Commissioner, Bureau of the Fiscal Service, the authority that was previously delegated to the Commissioner of the Public Debt and the Commissioner, Financial Management Service.
As a result of this Treasury Order, all federal non-tax delinquent debts are now serviced and collected by this special Bureau of the Treasury Department.
If your federal non-tax delinquent debt (e.g. SBA loan, SEC debt, FCC debt, USDA loan etc.) has been transferred to the Department of the Treasury (DoT) from an existing federal creditor agency, it will be aggressively serviced and collected by the Bureau of the Fiscal Service (BFS).
BFS can use those aggressive collection tools available to all federal agencies pursuant to the Debt Collection Improvement Act of 1996.
Some of the aggressive collection tools available for Treasury debt defense are:
- Submission of the federal debt to the Treasury Offset Program (TOP);
- Credit bureau reporting;
- Referral to private collection agencies (PCA) for servicing or purchase;
- Administrative Wage Garnishment (AWG);
- Referral to the Department of Justice (DoJ) for collateral liquidation or collection litigation;
- Debarment from obtaining other federal loans, guaranties and loan insurance;
- Revocation or suspension of federal licenses and eligibility;
- Charge-off and related reporting to the Internal Revenue Service (IRS) as potential Form 1099-C income
If your federal non-tax debt has been referred to the BFS for cross-servicing, is is critically important for you as a borrower, obligor or guarantor to hire qualified Federal Agency Practitioners who can help defend you against some of the Bureau’s most aggressive collection actions as noted above.
Because practice before the Department of the Treasury and the Bureau of Fiscal Service requires specific knowledge and understanding of several core areas of law and process, most notably (1) the federal agency maze, (2) federal administrative law and procedure, (3) constitutional law requirements, (4) federal administrative litigation, (5) federal administrative hearing representation and appeals, (6) federal agency rules and internal procedures of the referring federal creditor agency which originated the federal non-tax debt, (7) federal collection defense representation, (8) Department of Justice collateral liquidation and collection litigation defense, (9) bankruptcy law and asset exemptions and (10) DoT compromise and negotiation tactics, it is very important that you conduct your due diligence and choose your professional representatives wisely.
If your federal agency practitioners are not authorized to practice before the federal agencies pursuant to the Agency Practice Act and do not have experience with the core areas as identified above (and all non-attorney federal agency representatives do not have the necessary qualification as they neither have the education, training or, most importantly, the actual license to legally practice within the scope of these parameters), then “caveat emptor” or “buyer beware.”
Experienced Treasury Debt Defense Attorneys and Federal Agency Practitioners
At Protect Law Group, our Federal Agency Practitioners are not only authorized to practice before the Department of Treasury, but they also have the education, knowledge, legal authorization and experience to defend against specific collection matters before the Bureau of Fiscal Service, represent debtors in administrative wage garnishment hearings, federal creditor agency cross-servicing disputes, and to compromise federal non-tax debts for less than owed by employing a host of collection defense and federal administrative legal strategies. In short, we specialize in Treasury Debt Defense.
If your federal non-tax debt has been transferred from the SBA or other federal creditor agency to the Department of the Treasury or is currently being serviced by the Bureau of Fiscal Service, you need to contact qualified and Federal Agency Practitioners who can defend you against the impending aggressive collection actions and potentially help compromise the total federal debt owed.
The SBA Attorneys in our office want to help you figure out your SBA/DoT situation. No matter how difficult your circumstances may seem, the right lawyer can assist you. We understand that you probably have questions regarding a wide range of issues, including how to respond to an SBA demand letter, what SBA loan foreclosure actually entails, and what is a Treasury Offset Program levy. One of our specialists can tell you about all of these topics and more. We urge you to review our disclaimer & blog to learn more about subjects that are confusing to you and to contact us right away if you have specific questions. We look forward to working with you during this period of your life.
Dealing with the idea that you might be facing a Treasury Department collection action such as Administrative Wage Garnishment or Treasury Offset Program levy can be terrifying. The SBA attorneys and Treasury Department Practitioners in our office are skilled at helping clients understand all facets of their situations. If, for instance, you need to know what an DoT Compromise Package is, you can simply ask your lawyer. You should never face Treasury Debt collection problems alone. It is important to retain the services of an attorney who can help you through this difficult time in your life. We urge you to read about the services that we have available and to contact our Treasury debt defense legal team if you believe that we can be of assistance to you right now.
How to Get Started
STEP 1: Contact us to conduct a personal Case Evaluation
- Call TOLL FREE: 888-756-9969
- Complete our Intake Form
- Conduct your Free Case Evaluation with a Federal Agency Practitioner
STEP 2: Obtain a personal Case Evaluation from a Federal Agency Practitioner, not from an unqualified sales agent or consultant
- During the Case Evaluation, a Federal Agency Practitioner surveys the situation, proposes the most effective and realistic solution tailored to your problems
- After the Case Evaluation, a Federal Agency Practitioner sends you the results in writing, proposes a strategic plan tailored to your problems and then quotes you a sensible fee.
STEP 3: Implement your strategic plan and resolve your problems once and for all
Providing 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 - (833) 428-0933.