Home60 Day Referral Letter To Department Of Treasury

60 Day Referral Letter To Department Of Treasury

We Reduce Business Debt

Lawscape is dedicated to helping business owners successfully resolve their business debt without headaches, or long term consequences.

We Provide Nationwide Business Debt Relief

Lawscape provides nationwide business debt relief services. We work a wide array of lenders, service providers, and types of business debt. We are able to restructure and reduce, all types of secured and unsecured business debt. 

Millions of Dollars in Debts

Our team has experience handling 10’s of millions in debt, ranging from SBA debt, to Merchant Cash Advance and more. 

All Types Of Debt

Regardless of the type of business debt you have, we can help. We have experience handling all types of secured and unsecured business debt. 


Our company is led by experienced business debt relief experts who have experience handling secured and unsecured debt nationwide. 

Failing To Repay Business Debt Isn’t The End

Many business owners think failing to repay business debt means: your business is over.

This simply isn’t true. Business debt is a problem which CAN be handled, just like everything else; but only if you take pro-active steps. Lawscape helps you understand the law, and works with you to make sure that business debt isn’t the end of your business. 

What Are Some Ways We Can Help With Business Debt Relief?

Our experienced business debt relief consultants are here to help you through this stressful time. 

We’re Here if You’re Facing an SBA Loan Default Problem

So, you’re in a pickle with a Small Business Administration (SBA) loan that’s taken a sharp turn towards default? That’s a bumpy ride nobody wants to be on, right? The clock starts ticking, banks get antsy and before you know it, you’re scrabbling to settle the deficiency through an SBA Offer In Compromise (SBA OIC). Read more about an SBA OIC here.

The lenders, whether it’s banks or Certified Development Companies (CDCs) or even the SBA, typically won’t twiddle their thumbs for more than two to three months after a defaulting borrower has been liquidated or shut down. You’ve gotta conjure up an SBA OIC for their consideration, and if you wave your magic wand just right, the guarantors might escape the deficiency for less dollaroos.

The Dreaded 60-day Letter

During this topsy-turvy procedure, you should be handed what they call the “60-day letter”- now the name might sound scary, but it’s not! It’s your wakeup call, your summons to action. Your moment to rise like a phoenix and file an SBA OIC Package for SBA to mull over. You can view what this life-saving (or business-saving) letter looks like here.

But tread carefully, if you let that crucial time frame slip away like sand through your fingers, your bank might just dump your file onto the debt-chomping jaws of the United States Department of Treasury. Over at the Treasury, they’re hardly merciful with their collections. Not to dampen your spirits, but this might just be your one shot at settling for less than what you owe on the SBA loan debt, through this lifeline of an administrative process.

That Collateral Damage: Collection Agencies and Junk Debt Buyers

Did you know that the Treasury Department customarily outsources these bad loans to prowl for repayment? They’ve got their hounds – I mean, third-party collection agencies – to fetch their debts. Don’t expect these agencies to give a fig about your sob story; they’re here to bite down hard and bat not an eyelid if they get a juicy chunk of the collected amount. Sad but true.

Some of the Federal Government-approved collection agencies, also known as junk debt buyers, are let’s just say, less than friendly. With their high-powered incentives for collection, litigation, and judgment pursuits, they hardly ever agree to slash the outstanding amount by more than half.

Who’s Your Best Defense in Swimming Against This Tide?

That’s where I, Lawscape, and my battle-hardened comrades from the Lawscape leap into the picture. As seasoned SBA Workout Attorneys, we could be your knights in shining armor against these collection agencies and dreaded junk debt buyers.

If the 60-day alarm bell has rung and you find yourself paddling towards the ominous Treasury Department, reach out to us before things get real heavy. Don’t brave the storm alone! We’re at the other end of 212-460-5004 and eager to fiercely advocate for your case.

Why Let Lawscape and the Lawscape Take the Wheel?

Here’s a couple of reasons, if you’re still unsure:

We’ve tried our hand and triumphed at tackling a mountain load of SBA debts, transforming them into manageable Offer in Compromplises and Negotiated Repayment Agreements. And we’ve done this without our clients having to face the Big B – Bankruptcy – or the fearsome storm of Home Foreclosure.

We’ve had a fair share of combat with Treasury Debts, defending tooth and nail through AWG Hearings, resolving Treasury Offset Program Disputes, dealing with Private Collection Agency Representation, proffering Compromise Offers, and arranging Negotiated Repayment Agreements. Know more about Treasury Debts here.

Did I mention that we’re authorized by the Agency Practice Act to show up, suit up, and represent Federal Debtors across the nation? It doesn’t matter if it’s against the SBA, The SBA Office of Hearings and Appeals, the Treasury Department, or scary sounding guys like the Bureau of Fiscal Service – we eat cases like these for breakfast!

So, as they say, why wait for the storm when you can prepare in advance?

A Complimentary Case Evaluation Waits

Give us a call or just fill out this form to find out if you qualify for an SBA OIC. Trust me, it could be your best move yet in dealing with this SBA loan default hopscotch.

Lawscape Can Help You Manage Your Business Debt

If you’re struggling with business debt, we can help you understand your situation. During the initial consultation, we’ll go over the contract, and other legal documents you signed. After that, our firm will work with you to get a better understanding of your situation, and help you come up with a game plan that keeps your business alive. 

We Handle It All


Merchant Cash Advance


SBA Debt Relief


Secured Business Debt


Unsecured Business Debt

Everyone has different types of business debt. What matters is that you take it seriously. Regardless of whether it’s secured, or unsecured, you need to work with a firm that understands how to negotiate, reduce, settle, and manage, this business debt. 

Discuss your situation today

We are here to help you, and want nothing more than to help you save your business. Speak to our business debt relief specialists today.

Contact information

Call us today for a risk free consultation.

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