Like A Punching Bag No More: Helping Clients Dust Off From Treasury Topple

Conjure up the image of a sharp-suited, glib attorney and let me smash the stereotype. Hi, it’s Lawscape with Lawscape here, guiding folks like yourself through some of the most intimidating federal agency-related issues. Now, imagine you’re boxed up in the ring of federal debt, jabbed with SBA loan default, or, even worse, an SBA Personal Guarantee debacle. We’re here to pull the punches for you, helping you bob and weave through any Treasury Department collection action and teaching you a few jabs about the SBA offer in compromise or DOT compromise package.

The Knockout By Social Security Administration

Take a moment to catch your breath; the Social Security Administration’s brief adventure into the world of long-term debt collection has stumbled into a corner. The sudden demand for past-due amounts from gawking individuals had the public jeering. As a result, the SSA raised the white flag and reverted to its previous 10-year limit on past-due amounts. The Social Security Administration announced that it will stand down on collecting federal debts to the government that are beyond a decade old.

Post-Auction Pummeling

Interestingly, SSA wasn’t the original instigator of the betting match as some may presume. In fact, Congress invitingly opened the flood gates with the 2008 farm bill, which repealed the statute of limitations on debt collection. Now the problem doesn’t end here; the FTC on its website mentions that family members aren’t responsible for a relative’s debt to the government, but SSA aimed to extract the debts from other family members anyway.

Profiteering or Skullduggery?

Indeed, it’s as perplexing as a poorly written riddle. Lifting the statute of legal limitations was a clear oversight in checking the pulse of public relations. It’s pretty clear that, in their misjudged freewill, they tried to outsmart Americans by flexing their administrative muscle. But the onus now lies with the Congress to dial back the extreme measure and restore the previous statute of limitations. If SSA is unable to spin the debt-collection wheel within a decade of an incident, it’s apparent that they need to reevaluate their team’s effectiveness instead of being overly authoritative.

Sneaky Repayment Seizures

Imagine, you’ve been eyeing that tax refund, planning and scheduling your finances around that little bonanza. But bam! You’re served with an austere letter claiming your refunds have been kidnapped to repay an unexpected debt that’s older than your favorite vintage vinyls. The Treasury Department gleefully boasted about intercepting $1.9 billion in tax refunds – with $75 million tagged to debts lingering for over 10 years. Here’s your source.

A Change as Unfathomable as Ancient Hieroglyphics

If you’re scratching your head over this, let’s just say you’re not alone. Similar sentiments swept many citizens off their feet, including individuals like Mary Grice. In 1960, when Grice was merely a 4-year-old, her father passed away, saddling her mother with five children to raise. Mysteriously, Social Security now claims that it overcompensated someone in the Grice family; the mystery almost rivals that of the Loch Ness monster. And the star of this cryptic drama? None other than Mary Grice, while her siblings have been left untouched, and nobody knows why.

Confused? Reach Out For Professional Guidance

Finally catching your breath? This is just the tip of the iceberg. Contending with fearsome strings of acronyms like DOT, SBA, or the Treasury Offset Program can be as bewildering as a Sherlock Holmes novel. That’s why, at Lawscape, we have an assembly of SBA attorneys and Treasury Department Practitioners attuned to helping clients understand the intricacies of their situations. This could be anything from decoding an SBA demand letter, lifting the fog on SBA loan foreclosure, or peering through the smoky veil of a tax offset program.

Why Choose Lawscape?

Our most killer punch: we’ve resolved millions of dollars in SBA debts through Offer in Compromise and negotiated repayment agreements – and all this without pushing our clients into bankruptcy or a terrifying foreclosure! And that’s not all: on the treasury front, we have defended against millions of dollars in debts via AWG hearings, Treasury Offset Program Resolutions, Cross-servicing Disputes, Private Collection Agency Representation, Compromise offers and Negotiated Repayment agreements.

We’ve been greenlit by the Agency Practice Act to represent Federal Debtors nationwide before SBA, The SBA Office of Hearings and Appeals, the Treasury Department, and the Bureau of Fiscal Service. Is it any wonder the heavyweight champ knows to hit back, even when cornered in the ring?

In Your Corner with Us

Reach out to us now. We have a spot in our corner of the ring for you, where we can help you dodge those low blows and land your knockout punch. Round 1: your journey toward overcoming your SBA or Treasury predicaments begins with us.