SBA Loan Default? We Can Help.
Expert legal assistance to protect your assets and resolve SBA loan defaults. Don't face the SBA or the BFS alone.
BFS CAN SEIZE ASSETS WITHOUT WARNING
Once your loan defaults and goes to the Bureau of Fiscal Services (BFS), they can levy bank accounts, garnish wages, and place liens on property. If your application has any irregularities, the government may also investigate for fraud.
Options if Your Loan is Sent to BFS
If your SBA loan defaults, it will be sent to the Bureau of Fiscal Services (BFS) for collection. You still have options:
Installment Agreement
Set up a plan to pay the full balance. The terms are less generous than the original SBA loan, so avoiding default is always the best first option.
Partial Pay Agreement
Allows you to pay less than the full amount owed over time. You must demonstrate to the BFS that you lack the financial ability to pay the full balance.
Offer In Compromise
Settle the full loan amount for a lump sum that is much less than the total owed. Qualification depends entirely on your financial situation.
Note: A 1099-C (Cancellation of Debt) form will be issued to the IRS, which is taxable income.
Note: Any collateral securing the loan must be liquidated before an Offer will be considered.
Your Questions, Answered
What if I'm being investigated for PPP/EIDL fraud?
The government is actively auditing loans for fraud. If there are any irregularities in your application, you need legal counsel immediately. We provide attorney-client privilege protection and can guide you through the investigation process.
How much does SBA default representation cost?
Your first consultation is 100% free. Representation fees vary based on case complexity. We offer flexible payment plans to make expert legal help accessible when you need it most.
Can I handle BFS negotiations myself?
You can, but BFS has strict procedures and documentation requirements. An experienced attorney knows their process, can protect you from making statements that hurt your case, and often achieves better outcomes. Attorney-client privilege also protects your communications.
What Our Clients Say
Real experiences from business owners we've helped.
Eric
★★★★★"Anytime my clients or I have an issue with the IRS, I go to Hubert first. He and his team are in the know... and had my issue clarified in 10 minutes. Thanks Guardian Tax Law!"
Amira
★★★★★"The most positive experience you'll ever have with a tax law office! Highly recommend. Thanks Guardian Tax Law!"
Kathy H
★★★★★"What can I say.. THEY ROCK. I was having major issues with the IRS for over 14 years. Guardian came in and pretty much wiped it all away. No other Attorney could touch this. I am forever grateful."
Linda S
★★★★★"IRS 'letters' are synonymous with increased blood pressure... We are very grateful... Hubert Johnson, and his team, helped us with an ongoing IRS issue. He is knowledgeable, professional, kind, understanding, clear and concise."
Why Guardian Tax Law?
We Act Fast
SBA default cases are our priority. We move quickly to protect you from BFS collection actions.
Attorney-Client Privilege
Your case is 100% confidential and legally protected by an attorney.
Flexible Payment Plans
We provide expert help with payment options that reduce your stress.
SBA Specialists
We've successfully resolved 500+ SBA cases and are dedicated to shielding your personal assets from collection.
15-Day Guarantee
We will refund fees paid within the first 15 days with no penalty or obligation.
Take Your Money Back from the IRS
The IRS is counting on you to be slow and confused. Don't give them that advantage. Call us now or fill out the secure form below to have an attorney contact you.