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SBA Loans: Offers in Compromise

Jimerson Firm

2) SBA Form 770 (Financial Statement of Debtor) , or other current financial statement, signed under penalty of perjury, showing the borrower’s assets, liabilities, income, and expenses. If the borrower is a going concern, the borrower must include their last year-end financial statements.

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Overview of Florida’s New Uniform Commercial Real Estate Receivership Act

Jimerson Firm

The receiver will also be required to post with the court a bond that is conditioned on the faithful discharge of the receiver’s duties, is issued by one or more sureties approved by the court, is in an amount specified by the court, and is effective as of the date of the receiver’s appointment.