Collections Creditor's Rights Financial services Unsecured Debt 
Jimerson Firm
JANUARY 27, 2021
An offer in compromise is an offer by the borrower to pay a portion of what is owed on the SBA loan, in exchange for the SBA to consider the debt settled or satisfied. Generally, the compromise amount should be more than $5,000, unless a larger amount would cause financial hardship. illness), paying it would cause financial hardship.
Jimerson Firm
AUGUST 7, 2020
sell, lease, license, exchange, collect, or otherwise dispose of receivership property.” § 714.02(14), A receiver is defined in the Act as a “person appointed by the court as the court’s agent, and subject to the court’s direction, to take possession of, manage, and, if authorized.
Expert insights. Personalized for you.
96 
Let's personalize your content