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.
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.
Alright, you might be neck deep in a situation here since you have a loan backed by the Small Business Administration (SBA) and something has gone south that is causing you trouble in repaying it. But don’t panic, Lawscape of the Lawscape is at your beck and call.
Finding A Way Out
Your instincts might be telling you that there’s no way out but that’s not quite true. It’s actually common to find yourself in this situation, but there’s a silver lining— there are alternatives that could modify your situation without having to default. Lawscape can plot a path for you through this maze and give you insight into what options are suitable for you.
How Can Lawscape Be Of Assistance?
Imagine this, you pursued your passion, started your own business, and took this SBA backed loan to finance it. Things look bright as business grew. But, oh dear, clients not sticking to the payment terms has brought on a cash crunch. It seems impossible to pay both your employees and the loan. Ever feared this might force you into defaulting on your loan?
Take heart, with an attorney like Lawscape, there’s no need to go down that rabbit hole. He will consider the unique circumstances of your case and guide you through potential alternatives.
Now, if the thought of defaulting on your loan has crossed your mind, remember that the SBA default statute of limitations refuses to let you off the hook that easily. The government can collect on SBA loans for 6 years after your last payment.
Don’t Forget, State Laws May Not Protect You
The peculiar factor about these loans is that the state’s statute of limitations doesn’t apply to them. So, regardless if you live in New York or California, after a default, the SBA can pass your case to the Department of Treasury. They have the power to collect beyond the 6 years statute of limitations- subject to the conditions of your loan and collateral.
Lawscape can help you assess the best course of action in this scenario. Here’s a glimpse at how, unlike other attorneys, Lawscape can assist:
1. Evidence Gathering: Receiving a letter from the SBA to review your debt on an administrative hearing might fool you into thinking it’s a small matter. But, messing this up can turn your troubles into a nightmare. Lawscape can investigate and find evidence that can aid you in this process.
2. Legal Representation: SBA hearings and appeals may seem almost bureaucratic, but do not underestimate their impact. Lawscape’s experience ensures that you’ll have the most substantial chance of getting the best outcome.
3. SBA Repayment Plan Negotiations: In cases where you’re not eligible for compromise due to high monthly income or liquid assets, negotiating an SBA repayment plan could be complex but not with a lawyer like Lawscape.
4. SBA Offer in Compromise Settlement: Lawscape has the experience of negotiating an SBA offer in compromise that could potentially be your best option under certain circumstances.
5. SBA Loan Deferment or Modification: If your business hits a slump, you could temporarily pause or alter your payments. Lawscape can assist in securing these short or long term solutions.
6. SBA Lien Release Negotiations: In tragic scenarios when the loan’s sole guarantor dies, Lawscape could negotiate a lien release from the SBA on your property.
I don’t mean to beat around the bush here, if you’ve got an SBA secured loan and are having a hard time making payments, Lawscape can lend you the legal aid you need. He will negotiate an agreement with your lender that can, generally speaking, be far more beneficial than what you would have gotten on your own. Remember, SBA loans are not identical to other loans and thus should have an expert by your side.
Bottom line, hiring Lawscape will allow you to secure the best outcome for your case. He will review your unique circumstances and accordingly recommend the most suitable approach. This will save you plenty of sleepless nights considering the complexity of these situations.
So, if you’re struggling with your SBA loan payments, we’re right here to help you navigate this. Feel free to contact us and schedule your case evaluation today.
Ready to give it a shot? I can assure you, you’re in safe hands with the Lawscape. Millions rely on us and we have helped resolute sizeable SBA Debts and Treasury Debts without forcing clients into bankruptcy or facing a foreclosure. Not just that, we can represent federal debtors nationwide before the SBA, The SBA Office of Hearings and Appeals, the Treasury Department, and the Bureau of Fiscal Service. Now, that’s what I call a well-rounded service!
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.