I was just reading a website for a lawyer who is trying to perpetuate a huge myth when it comes to settling SBA debt. The website said:
“…smart business owners do not rely on self-described “consultants” who can only whisper in the client’s ear about what they think should be done, consultants who cannot so much as speak with the bank on your behalf.”
Let’s break the above statement down:
1) Why the Condescension? – Since I am a consultant, it only makes sense that I describe myself as such. I’m not clear on why being consultant is a bad thing. It basically looks like this guy is attempting to downplay my ability to settle your SBA debt. After all, I’m a “self-described” consultant and he’s a fancy lawyer. Putting titles aside, what makes this person more qualified than me to settle SBA debt? I post my results right on my website, have many testimonials, and have authored 100+ articles about SBA debt settlement. On the contrary, the extent of this attorneys website with regards to SBA settlements is a simple, one-page site with very little info about what makes him an expert, and how many SBA loans he has actually settled. Let’s face it, “smart business owners” are savvy enough to know that passing the bar exam and throwing up a website does not automatically transform someone into an SBA settlement expert.
2) Let’s Separate Fact From Fiction – To claim that I cannot speak with the bank on my client’s behalf is FALSE. I know this because I speak with banks (and attorneys who represent banks) every single day. Let’s drop this “I’m am a lawyer and possess special powers” routine.
Here’s another important fact to note: Unless the borrower resides in the area where this attorney is licensed to practice law (usually within one state or county), he has no more ability to represent you in court than a consultant does. So really, for the vast majority of SBA borrowers, the fact that this gentleman is an attorney is of little value, especially when you consider that a settlement is largely a financial matter (that requires a strong finance background, not a legal background) and usually never reaches the point of litigation!
In summary, if an attorney wants to compete with me in the SBA Workout business, that’s fine. But let’s compete based on the facts, and let the client decide who can do the best job. I am confident that anyone who really evaluates our credentials will easily see which one of us is truly an expert when it comes to SBA settlements.
Distressed Loan Advisors (http://www.JasonTees.com) offers expert advice about dealing with SBA Loan Default and Forgiveness, and can be reached at . or..