Jimerson Firm
JANUARY 27, 2021
An offer in comprise allows borrowers to settle their debt on the SBA loan for less than the full amount owed. All borrowers must submit their own offer in compromise to the lender or CDC. If the lender or CDC agrees with the offer, then it must send the offer to the SBA for approval. SOP 50 57 ; SOP 50 55.
Jimerson Firm
AUGUST 7, 2020
The Act codifies existing common law in Florida regarding the right to have a receiver appointed by the court in commercial foreclosure actions, and provides much needed clarity, predictability, and uniformity on the standard for the appointment of a receiver and the powers of receivers. What is a Receiver, and Why are They Important?
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