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What happens when a bank refuses to accept an Offer in Compromise for an SBA guaranteed loan?.

dtod@comcast.net posted 7/3/2009 from dtod.wordpress.com

Lets review. As we know, the defaulted borrower of an SBA guaranteed loan must present his Offer in Compromise to his lending banker for review and ratification and then for him to send it over to the SBA for final consideration.. If deemed acceptable and appropriate it is then sent over to ...