SBA Offer in Compromise

Offer in Compromise

The SBA Acceptance For An Offer in Compromise Can Be a One Sentence Email.

Are you having problems with your SBA guaranteed loan?  We can help.

Contact us today to do an Offer in Compromise Review.

It happens frequently in our office. We do many Offers in Compromise a year, and therefore, we receive just as many acceptances and we know what to expect — a one or two sentence email — maybe a paragraph at best, but a very short one. Most often it is from the bank not even the SBA; sometimes it is from the SBA forwarded to us from the banker-in-charge.

Occasionally, we will get a simple phone call from the banker telling us. We, of course, ask for written back up confirmation which will come over but this is what we get.

It seems quite anti-climatic. Especially when one considers the three foot stack of paper required to get into the loan, one might reasonably expect another huge paper flow accepting the Offer in Compromise. Not so. It could have been a postcard, that is about as sophisticated as the message is.

If you file an effective Offer in Compromise Form, and if it is accepted, you

will receive the briefest acknowledgment possible. I say hallelujah, it is about time.

Contact us to know how you can file effectively

SBA Offer in Compromise

Or call 413-584-2581 and Norm will arrange a no-obligation teleconference for us to discuss your options.

No matter what you have heard, defaulted SBA guaranteed loans can be resolved favorably for the borrower.