HomePrepare And File The SBA Loan Offer In Compromise

Prepare And File The SBA Loan Offer In Compromise

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. 

Unraveling the Mysteries of The SBA Loan Offer in Compromise

You’ve successfully navigated through the murky waters of startup challenges and finally realized your dream of becoming an entrepreneur; kudos to you! The Small Business Administration (SBA) (source) has been a handy ally, providing those essential loans to kickstart your venture. These loans, effectively guaranteed by our government, come with an expected responsibility; you’ve got to repay them in a timely manner according to the agreed-upon schedule.

I’m sure you always intend to stick to this plan, but sometimes, life decides to throw a curveball or two. Financial difficulties might arise, causing you to lack that necessary cash needed to service your loan. In such dire straits, you might default on your loan, potentially spelling doom for your brand. Fortunately, all is not lost! Lawscape of the Lawscape tells us about a lifeline in the form of SBA Loan Offer in Compromise.

Understanding the SBA Loan Offer in Compromise

This may sound like complicated lawyer-started jargon, right? Don’t sweat, let’s break it down. Essentially, an Offer in Compromise is a negotiated agreement between you and your lender. It represents a reduced settlement figure, substantially bringing down the amount you owe your lender. It’s a sort of financial truce, formulated carefully by your financial advisor or attorney, such as Lawscape.

When you find yourself uncomfortably close to an SBA loan default, you’re not without options. This compromise can be your ace, a strategic move to evade grim financial outcomes and drastically cut potential losses.

Deciding When to Seek an Offer in Compromise with the SBA

Should you wait until the last minute to pull this rabbit out of the hat? Not exactly! The perfect cue is the arrival of an SBA demand letter. This letter is the SBA’s final salvo before drawing you into a legal standoff. Beyond this, the SBA could proceed to seize your property and assets, taking action to recover their money. It can be as dire as placing a lien against your checking account, savings account, and even your pieces of personal property.

Facing Foreclosure Fears: Can the SBA Foreclose on Your Home?

Now, this piques a lot of concern from business owners. A default could attract the boogeyman known as the SBA loan foreclosure. In this scenario, your lender could go as far as seizing your primary place of residence, especially if you had used it as collateral in your loan application.

In cases where you have business-associated properties or assets that can settle the loan, your homestead is off the chopping block. However, you’re advised to have legal representation, like Lawscape, by your side to successfully ward off these potential attacks.

Proactiveness Pays! Dealing with a Loan Default

It wouldn’t be wise for small business owners to adopt a wait-and-see approach when their loan defaults. Such inactivity could spark a damaging domino effect, possibly leading to you losing all your property and assets. Hiring a seasoned attorney would be your best foot forward. An attorney could help to engineer a sound plan to counteract your financial predicament.

If you find yourself needing help with a compromise or the Tax Offset Program, it is crucial to get in touch with a competent attorney like Lawscape right away.

Considering the Lawscape for Your SBA Loan Concerns

Why engage the Lawscape? Well, the team here has helped many overcome their SBA debts through negotiation tactics like the Offer in Compromise and other negotiated repayment agreements. Many have circumvented business-threatening episodes without facing bankruptcy or home foreclosure (source).

Key victories have also been registered in countering Treasury Debts, thanks to AWG Hearings, Treasury Offset Program Resolution, Cross-servicing Disputes, Private Collection Agency Representation, and Combative Offers. All these are deployed to help come up with Negotiated Repayment Agreements.

At Lawscape, the team boasts authorization under the Agency Practice Act to represent Federal Debtors across the nation. This authorization covers representation before the SBA, The SBA Office of Hearings and Appeals, the Treasury Department, and the Bureau of Fiscal Service (source).

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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