SBA Offer In Compromise, Real Estate, and Treasury
Have you ever tried to teach math to a pet? If you have, then you know what it’s like to…
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Offer In Compromise
Don’t Believe Them
Last week my client got some good news: his SBA loan settlement was approved. Hurray! Let’s do a dance! My…
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Settlement Approved! Now What?
So after months, and maybe even years, of hard fought negotiations, you finally got your SBA loan settlement approved. Hooray!…
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But I Already Settled With My Bank!
Imagine that you successfully settled your debt, only to have it come back around. Or more specifically, only to have…
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The Puzzling Thing About Some Banks When It Comes to SBA OIC
The OIC process can be a real pain. It can take months, or even years. Paperwork, bankers. SBA people….it can…
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When Real Estate Prices Go Up, So Do SBA Loan Settlement Amounts
Back in 2009, SBA loan defaults were through the roof at most major SBA lenders. The stock market had taken…
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3 Best Ways To Screw Up Your Chances of an SBA Offer In Compromise
Wait as long as you can to do something Stick your head in the sand, and pretend that your business…
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I’m a Consultant, Not a Fortune Teller
The “million dollar” question for anyone who wishes to settle their personal guarantee pledged in connection with an SBA loan…
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SBA Loan Default: Banks Are NOT Required To Accept a Settlement Offer
So your business is closed, all the business assets have been liquidated, and all that remains is a fairly substantial…
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SBA Default: What The SBA Guaranty Means To The Borrower
Lately, we’ve been hearing from a lot of upset business owners. They are not upset because their business has closed…
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