How to Defend Against an Administrative Wage Garnishment Notice
If you've been served an administrative wage garnishment notice, you need to know how to defend yourself. Read on to learn the best defenses.
At Protect Law Group, we want to help you find solutions with SBA debt you need and deserve. With years of experience, our team can help you from start to finish, and we offer a variety of services to suit our client's needs. This blog explores four reasons to choose us, and we encourage you to read below to learn more about how we can help you with SBA debt. Contact us today!
Educated Attorneys
Our attorneys are well-versed in their fields, and we have the knowledge and expertise to guide you along the way and represent you effectively. If you need to resolve your SBA debt, don’t hesitate to reach out to us today!
Our Disciplines
At Protect Law Group, we abide by six core principles that we believe can help resolve your SBA loan problems, including:
Customer Experience
We care about our customers first and foremost and when you work with us, we treat you like family. We want your experience with us to exceed your expectations, which is why our attorneys go the extra mile to ensure you are taken care of.
Contact Us!
If you need an SBA debt resolution attorney, contact us today! We are happy for you to book a consultation call with us at your convenience, and we are eager to see how we can best serve your needs. If you have any questions or concerns, our customer service team is more than willing to lend a helping hand.
At Protect Law Group, we understand the importance of handling SBA loan problems as efficiently as possible, and you can trust our team to help you resolve your SBA debt. Contact us today, and you won’t be disappointed!
Millions of Dollars in SBA Debts Resolved via Offer in Compromise and Negotiated Repayment Agreements without our Clients filing for Bankruptcy or Facing Home Foreclosure
Millions of Dollars in Treasury Debts Defended Against via AWG Hearings, Treasury Offset Program Resolution, Cross-servicing Disputes, Private Collection Agency Representation, Compromise Offers and Negotiated Repayment Agreements
Our Attorneys 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.
Client personally guaranteed SBA 7(a) loan for $350,000. The small business failed but because of the personal guarantee liability, the client continued to pay the monthly principal & interest out-of-pocket draining his savings. The client hired a local attorney but quickly realized that he was not familiar with SBA-backed loans or their standard operating procedures. Our firm was subsequently hired after the client received the SBA's official 60-day notice. After back-and-forth negotiations, we were able to convince the SBA to reinstate the loan, retract the acceleration of the outstanding balance, modify the original terms, and approve a structured workout reducing the interest rate from 7.75% to 0% and extending the maturity date for a longer period to make the monthly payments affordable. In conclusion, not only we were able to help the client avoid litigation and bankruptcy, but our SBA lawyers also saved him approximately $227,945 over the term of the workout.
Clients personally guaranteed an SBA 504 loan balance of $337,000. The Third Party Lender had obtained a Judgment against the clients. We represented clients before the SBA and negotiated an SBA OIC that was accepted for $30,000.
Clients personally guaranteed an SBA 7(a) loan that was referred to the Department of Treasury for collection. Treasury claimed our clients owed over $220,000 once it added its statutory collection fees and interest. We were able to negotiate a significant reduction of the total claimed amount from $220,000 to $119,000, saving the clients over $100,000 by arguing for a waiver of the statutory 28%-30% administrative fees and costs.
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