Let’s chat a little about the Small Business Administration (SBA). You probably already know them as the federal government’s trusty assistant that dishes out loan programs especially for those whose credit history hiccups. That’s right, SBA loans are easier to come by even when your credit score isn’t exactly golden. Though they’re generous with their repayment timelines, uncle Sam plays hardball when it comes to repayment plans. As a result, SBA loan default and foreclosure are fairly common occurrences.

Just to give you an idea; a prodigious 28% of SBA franchise loans totaling over a whopping $1.5 billion, that were dished out between 2003 and 2012, ended up in default. You can peek at these facts right here. Now that’s a sizeable chunk!

When The SBA Knocks

So what happens when an SBA demand letter lands in your mail? You might find yourself perusing the legal landscape for an expert to represent you. That’s where Lawscape and the experienced team at Lawscape come in.

Firstly, their eyes are on your personal assets. They work hard to shield you and ensure you don’t lose your shirt in the process. Then, it’s full steam ahead to contest the SBA’s decision of default or foreclosure. The ultimate goal is to either give you a breather to start paying again or find a way to wrap up the business while keeping you on solid financial ground.

Strategize and Legally Energize

But how do they do it, you ask? Well, the Lawscape employs a couple of tricks to fend off foreclosure and get the repayments started. Tactics include requesting a deferment or scratching up administrative representation with the SBA. They might also consider litigation, negotiation, appealing before the SBA Office of Hearings and Appeals, or even an SBA Offer in Compromise or SBA OIC for short.

Take this SBA OIC for instance. It’s essentially a truce between you and the SBA. You commit to making partial or reduced payments, and they consider your debt settled. Now, the application process can be a real head-scratcher, but that’s where these seasoned SBA attorneys really shine.

Turning Over A New Leaf

Beyond just getting you back on track with your existing loan, expert attorneys like the Lawscape can lead you towards the SBA’s Tax Offset Program. This might have you trade in your tax refunds in lieu of repayment, easing the strain of monthly payments. Heck, even if you’re not sinking in SBA quicksand, they can help you tidy up your financial affairs and get ready to apply for an SBA loan.

And even better; with Lawscape in your corner, you can feel secure regardless of where you are in the country.

Hiring Lawscape and his Legal Vanguards

Now, I hear you asking… why choose us to help you navigate your Treasury or SBA Debt labyrinth?

Let me just drop a few facts here: We’re talking millions of dollars in SBA debts settled, by way of Offer in Compromise and Negotiated Repayment Agreements. And that’s without our clients having to file for bankruptcy or face home foreclosure.

Then there’s our treasure chest of experience in defending against Treasury debts through AWG Hearings, Treasury Offset Program Resolution, and even cross-servicing disputes amongst others.

Rest assured, the legal team at Lawscape is authorized by the Agency Practice Act to represent Federal Debtors, and that’s nationwide. Regardless of your challenge; the SBA, the SBA Office of Hearings and Appeals, the Treasury Department, or the Bureau of Fiscal Service… we’ve got you covered.