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

Video Articles

DEPARTMENT OF JUSTICE: SAMPLE COMPLAINT AGAINST PERSONAL GUARANTORS FOR OUTSTANDING SBA DEBT

By SBA Attorneys | May 14, 2017

DEPARTMENT OF JUSTICE: SAMPLE COMPLAINT AGAINST PERSONAL GUARANTORS FOR OUTSTANDING SBA DEBT Video Transcript   The transcript of the video follows below for further review. 31 C.F.R. Part 904 provides the reasons to refer SBA debt cases from Treasury Department’s Bureau of Fiscal Service to the U.S. Department of Justice for collection litigation. Once an…

Read More

Treasury Department’s authority to refer SBA debt cases to the Department of Justice for collection litigation

By SBA Attorneys | May 2, 2017

Department of the Treasury Bureau of Fiscal Service Power to Refer SBA debt to the Department of Justice for collection by litigation Video Transcript:   The transcript of the video follows below for further review. When an SBA debt case is referred for Department of Justice collection litigation, it is first routed to the National…

Read More

Case Study: Third Party Lender Duties on SBA Loan Default

By Alex Z | May 1, 2017

Video Transcript   The transcript of the video follows below for further review. The case of Rister v. Yadkin Bank arose out of a United States Small Business Administration (“SBA”) loan that Defendant Yadkin Bank (“the Bank”) made in 2011 to a corporate borrower, Mystique Makeover, LLC, a salon in Charlotte, North Carolina, operated by…

Read More

Demand Letters From Private Collection Agencies

By Alex Z | April 19, 2017

Video Transcript   The transcript of the video follows below for further review. If you have an SBA loan default that has been referred to the Department of Treasury for collection, you may have been contacted by a private collection agency (PCA): Pioneer Credit Recovery, CBE Group, Performant or Conserve. A recent case addressed a…

Read More

CASE BRIEF: The SBA Guarantor did not waive the 6-year Statute of Limitations Defense when he signed a confession of judgment

By SBA Attorneys | February 27, 2017

CASE BRIEF:  The SBA Guarantor did not waive the 6-year Statute of Limitations Defense when he signed a confession of judgment Video Transcript The transcript of the video follows below for further review. CASE NAME:  United States on behalf of Small Business Administration v. Richardson CITATION:  889 F.2d 37 (3d Circuit, Pa. 1989) FACTS: Louis…

Read More

Confirmation Hearing for Proposed SBA Head McMahon

By Alex Z | February 7, 2017

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. With the new Trump administration comes new cabinet appointees including proposed SBA head Linda McMahon. …

Read More

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

By SBA Attorneys | November 21, 2016

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…

Read More

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

By SBA Attorneys | October 24, 2016

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…

Read More

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

By SBA Attorneys | October 2, 2016

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)…

Read More

What Is A “Charge Off” Of An SBA Loan?

By Alex Z | September 27, 2016

You may have learned that your defaulted SBA loan was “charged off”.  You are still liable for the loan deficiency, however, and competent legal counsel is highly recommended. Video Transcript The transcript of the video follows below for further review. What is SBA’s Policy Regarding Charge Off Accounts? Many times people think that because their…

Read More

AWG Hearing: Establishing Financial Hardship

By SBA Attorneys | September 24, 2016

Video Transcript The transcript of the video follows below for further review. The Debt Collection Act of 1982 (DCA) and the Debt Collection Improvement Act of 1996 (DCIA), 31 U.S.C. § 3701, 3711-3702E authorizes the U.S. Small Business Administration (SBA), by and through the Department of Treasury (Financial Management Services n/k/a the Bureau of Fiscal…

Read More

Appeal of a Federal Employee Salary Offset

By Alex Z | September 7, 2016

If the Department of Treasury has garnished or offset your federal salary because of an SBA loan default, you may have the opportunity to file an appeal. Video Transcript The transcript of the video follows below for further review. If you have defaulted on a Small Business Administration (SBA) loan and you are a federal…

Read More
SBA loan attorney

Helping provide 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 - (888) 303-6975. 

We are here to help you with your SBA loan problems.

If you owe more than $30,000, call our experienced attorneys at (888) 303-6975 anytime for a Free Case Evaluation