SBA debt collection litigation includes judicial and nonjudicial foreclosures, bankruptcy and other federal and state insolvency proceedings, and lawsuits to collect on the 504 Note or Guarantees. This video outlines the basic collection process. If you are in default on your SBA loan, you need to contact www.SBA-Attorneys.com to contact an experienced SBA attorney for…Read More
The ancient Chinese warrior Sun Tzu taught his men to “know your adversary” before going into battle. For if “you know your adversary and know yourself,” he wrote, “you need not fear the result of a hundred battles.” But, Sun Tzu warned, “If you know yourself but not the adversary, for every victory gained you…Read More
If you are in default on your Small Business Association guaranteed loan, the SBA will, through its Certified Development Company (CDC) move to liquidate the loan. The video describes briefly the SBA liquidation process. If you are in default, or about to default, on your SBA loan you need an SBA attorney. Contact Protect Law…Read More
If you obtain an SBA loan – specifically a 7(a) loan, you can use the loan proceeds to help finance a great variety of business expenses. However, there are a few restrictions. For instance, loan funds can’t be used to purchase an asset to maintain for its potential increased value or to reimburse an owner…Read More
If your SBA loan is in default your loan is subject to what is known as SBA charge off and referral to the Treasury Department. The Treasury Department can take severe action to collect on the debt – taking your tax return, garnishing your wages, etc. This is a huge problem for the obligor…Read More
Having an SBA loan default can be a daunting and confusing situation. Protect Law Group is a law firm that specializes in SBA loan default assistance. We will work with you to achieve a solution to your SBA default problem, which may include an SBA offer in compromise of your debt. You need an experienced…Read More
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.