HomeSBA OIG Report: IMPROVEMENT IS NEEDED IN SBA’S SEPARATION CONTROLS AND PROCEDURES

SBA OIG Report: IMPROVEMENT IS NEEDED IN SBA’S SEPARATION CONTROLS AND PROCEDURES

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. 


Nationwide

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. 

Hey there, buddy,

You know how dealing with a potential SBA loan default can make your heart pound and your palms sweaty? It’s like standing on the edge of a cliff, nerve-wracking and downright terrifying. But don’t lose heart! Lawscape and the Lawscape are here to lend a helping hand and help you navigate the intricacies of these complex situations.

Unraveling the Convoluted World of SBA Loans

At Lawscape, we’ve got the lowdown on a plethora of SBA loan problems, we’re in the loop on SBA OIG investigations, and we can give you the 411 on the SBA offer in compromise. With us, you’re not alone in this squabble. We pride ourselves on being your beacon during this tumultuous period in your life. So, dig into our services and reach out if you believe we are your helping hand at present.

A Closer Look at SBA’s Internal Control System

A while back on May 26, 2015, the SBA’s Office of Inspector General (SBA OIG) published a revealing Evaluation Report 15-12, titled “Improvement is Needed in SBA’s Separation Controls and Procedures.” The gist of it all was to determine if the Small Business Administration’s (SBA) controls over separated personnel were up to snuff.

What Went Wrong with the SBA Control System?

SBA OIG culminated that there were lapses in their existing separation controls. These are checks set in place to aid in disengaging network accounts within 24 hours of separation and retrieving Federal property from separated personnel. Interestingly, the SBA OIG stumbled upon 73 active accounts which should have been deactivated but weren’t, because, oddly, those accounts had never been used. Even more alarming, two active network accounts were tinkered with after personnel had moved on from the Agency — a bit of a red flag, wouldn’t you agree?

Now, when it came to employee separation checklists, which should normally serve to document network access termination and Federal property collection from separated employees, things didn’t add up either. The SBA OIG reported a mere 46 percent of these forms were filled out correctly, and a shocking 19 percent were nowhere to be found.

Contracting Officer’s Representatives (CORs) Drop the Ball!

The SBA OIG also pinpointed significant mistakes in how contracting officer’s representatives (CORs) handled contractor separations. They also noticed a surprising lack of formal procedures on how to deactivate and terminate intern and volunteer accounts.

The SBA OIG proposed six corrective measures to SBA out of which SBA nodded to five, and partially agreed with the sixth. And, they made a commitment to emphasize the significance of completing the separation checklist correctly and fully. Also, warning bells would ring for line-management if these forms were not completed. They also promised to investigate these two security concern incidents and report them to the US Computer Emergency Readiness Team. Along with a new recertification policy where every account will be reviewed and any account not accessed within the past 60 days will be disabled, SBA also pledged to modify contracting guidance so that CORs follow the same separation protocol as other SBA personnel. Lastly, they agreed on having formal procedures for separating interns and volunteers.

The Lawscape Advantage

Why invite us to sort out your Treasury or SBA Debt Problems?

We’ve got an impressive track record! Our team has negotiated and resolved millions of dollars in SBA Debts through Offer in Compromise and Negotiated Repayment Agreements preventing our clients from being caught in the whirlpool of bankruptcy or facing the agony of Home Foreclosure.

If you’ve got Treasury Debts, we can defend the same via AWG Hearings, Treasury Offset Program Resolution, Cross-servicing Disputes, Private Collection Agency Representation, Compromise Offers, and Negotiated Repayment Agreements. Lawscape and his team are authorized by the Agency Practice Act to Represent Federal Debtors Nationwide before the SBA, The SBA Office of Hearings and Appeals, the Treasury Department, and the Bureau of Fiscal Service.

In short, we’ve got this, so you can focus on fixing your issues while we unriddle the legal jargon and maneuvers on your behalf.

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

01

Merchant Cash Advance

02

SBA Debt Relief

03

Secured Business Debt

04

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.



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