SBA DEFAULT

Article that answers questions that are most frequently asked by borrowers who have defaulted on their SBA guaranteed loan. A good place to start for those seeking professional advice about their situation.

Article written by the authority on SBA default resolution. Explains the difference between a legit and fraudulent asset transfer. Covers examples of each scenario.

Article that discusses various consequences of SBA default. Covers a number of commonly asked questions.

Article that explains why the author usually can’t help borrowers with defaulted SBA Disaster loans. Covers the main reasons why settlements are hard to achieve for these types of loans.

Article that explains why an attorney is not always the best alternative to handle the negotiation of a defaulted SBA loan. Discusses situation when you absolutely need an attorney.

Article that discusses three important reasons why you should settle your SBA debt sooner than later. These tips can save you thousands of dollars.

Article that discusses the ethical and legal reasons why borrowers who are facing SBA loan default should think twice before buying in some "strategies". As with anything in life, if it seems too good to be true, it probably is.

Article that discusses an important distinction that needs to be made about SBA loan guarantees. If you miss this one little tidbit of info, it can cost you hundreds of thousands of dollars, and even drive you into bankruptcy.

Explains the short- and long-term solutions that may be available to borrowers who are struggling to make their regular SBA debt payments.

Article that explains when an OIC is required in order for a lender to consider releasing a lien on your home. Also discusses situations when an OIC should not be required.

Article that offers a rebuttal to the assertion that all consulting firms who claim that they can assist with SBA debt settlement are scammers. Explains how to tell whether a consultant is legitimate or unsavory.

Article that discusses whether a workout specialist can truly guaranty successful debt negotiation services. Looks at all the factors that are at play when a borrower attempts to settle debt.

Article that explains the basic workings of an Asset Dump Buy Back, which can result in stripping assets of debt. Weighs in on the legal and ethical questions that borrowers often ask about an Asset Dump Buy Back.

Explains the short and long term solutions that may be available to borrowers who are struggling to make their regular debt payments.

Another round of common SBA default questions and answers. Answers answered by Jason Milleisen, SBA default expert.

Article that discusses the impact of SBA forgiveness on personal credit. Explains the one main factor that determines whether or not your credit could be hurt if you settle following SBA default.

Answers to common questions posed by clients about SBA Default, and SBA Loan Forgiveness, and SBA Settlement.

Answers to common questions posed by clients about SBA Default, and SBA Loan Forgiveness, and SBA Settlement. Explores how long it will take to settle, whether an SBA disaster loan can be settled, and why an SBA expert can bring value.

Second Wind Consultants is organizing a series of seminars designed to bring our strategies to you, the borrower in default. These strategies help defaulted borrowers preserve their assets and reduce personal guaranty...

A Don Todrin article on SBA Loan Default - I, unfortunately, see this every now and then: A business that has been ruined by the down economy unable to continue and pay its debts...

A Don Todrin article on SBA Loan Default - Frequently, the banks require a landlord release to support a loan to be made to the borrower / tenant. Usually landlords resist this, as it is certainly not to their advantage

A Don Todrin article on SBA Loan Default - It happens frequently, you go into default on your primary SBA guaranteed loan, or any secured bank loan, and when the bank examines your financial statement and tax returns

A Don Todrin article on SBA Loan Default - Do not let ego control your business decisions...it does not work. Small business owners generally have a common disease....an over controlling ego.

A Don Todrin article on SBA Loan Default - This is a very complicated issue with many contributing factors: Some of the issues are net worth, income, spousal income, protected retirement investments, family, basic overhead, secured debt, other assets

A Don Todrin article on SBA Loan Default - I hear it from small business owners all the time, a belief that they cannot implement a short sale on any of their assets including their home

A Don Todrin article on SBA Loan Default - Some small business owners, understanding their vulnerability to personal loss from the normal risks of business...turn to their lawyers for 'iron clad' asset protection

A Don Todrin article on SBA Loan Default - If Ray Krock, the founder of McDonalds, had expanded his fast food concept to serve pie, and meatloaf, fish sandwiches, soup, etc., he would have been a diner;

A Don Todrin article on SBA Loan Default - It is beyond hard to believe, no it is well beyond that, who would possibly believe this could be happening, but it is true.

The U.S. Small Business Administration (SBA) and the U.S. Department of Agriculture (USDA)both promote economic development by guaranteeing small business loans made by financial lending institutions. Learn about "hidden" requirements to include in your planning.