Małe firmy · 03/11/2005

SBA Establishes Procedures for Handling Defaulted Loans, Liquidation, and Litigation

The Small Business Administration (SBA) has proposed new rules to govern the liquidation and litigation of defaulted loans, including procedures for Certified Development Companies (CDCs) and lenders participating in the 7(a) business loan program, as well as restrictions on SBA's payment of legal fees and expenses.

Source: Federal Register — Small Business AdministrationOpen original release →

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