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Thank you Jason, if we could afford ro consult with you we would but your videos have been helpful.

I was wondering why most of your videos has the comments turned off? Never took a loan but, I pay attention to this subject matter because I want to know what’s going to happen to the people that took these loans fraudulently🤔🤔🤔

My portal says loan has been charged off and there is nothing to do anymore. My loan is $150k with no personal guarantee. There are no assets in the LLC and will be dissolved this year. My understanding is if there is nothing left in the llc and there was no personal guarantee signed then the treasury can not garnish my wages or go after my house.

I'm trying to get my third HSP , now 50 % off payment..still can't pay fully $2K monthly..So my Loan is $400 K..and Can't pay this loan for 30 year...I'm 60. Any recommendations .?

They are messing around bc they were charging off if only 30, 60, 90 days late

How do I make an appointment with you for a consultation?

I feel like they should be forgiven. They forced us to close our doors and the only help they provided was a 30 year loan plus interest. Small businesses are the backbone of America and it seems like a recipe for failure. I would feel differently if we weren’t forced to close for months on end. We send so much money over seas for foreign aid but don’t seem to ever want to help the actual people who pay the taxes.

Mine was pulled back from the treasury to the sba. I received a letter last week saying it was resent to lender

Can I schedule an evaluation Have a eidl loan

If people have to close the their only source of income to settle the debt how are they supposed to live

Complete forgiveness just like PPL

Does the treasury take from your bank account or do they just garnish wages and collect ssi?

It’s actually worse. I received a 75 day letter saying they want the full payment of the loan and it accelerated. I made a payment to come back to 60 days overdue. They told me nothing bad will happen as long as I’m not 90 days behind and I read online that the 75 day letter is a warning

Shit I just got the interest that was in arrears caught up. Haven't had my loan go to the Treasury

@jasonmilleisen5247, SBA is offering COVID EIDL offer in compromises IF you reach out to your Congressmen & they call on your behalf. The SBA will have a more senior official reach out to you via phone, ask some questions, & then email you with the official paperwork.

Even the loans that are under $200k where the shareholders aren’t supposed to be personally responsible? Are they still, also going to treasury offset for their personal taxes, and such? I’ve got clients who are starting to freak out. Talking about draining their retirement accounts and such to pay the loans.

SBA = ILLEGAL CONSIDERATION! Once the public knows this the COMMUNIST TREASURY AND SBA WILL FORGIVE EACH AND EVERY LOAN BECAUSE ITS BASED ON FAKE MONEY!!! Expose these scammers and put them in jail!!! Jason you should know better 😮

I also feel the SBA loaned this money irresponsibly- is there any conversation around this?

Hi do you think the Goverment will makes changes and make EIDl’s forgivable? Is there any action that would indicate this.

Not sure what happened but I called Pioneer Collection and they told me my loan has sent back to the Treasury..... I tried to called Treasury but no one answer my phone yet...

My business closed and my EIDL account was charged off, sent to collections and an additional $100,000 added IN "ADMINISTRATIVE" fees, all the while the SBA is still utilizing the auto draft feature for my original EIDL ACCOUNT. Every month make the automatic payment even though the loan says it was charged OFF. This makes no sense to me but I'm terrified to shut off the auto debit in case they come after my personal assets (S-Corp)

Hello I need loan forgiveness for edil can you help

Sounds right

This is super helpful! I owe less than $65k and it has been charged off-I didn't receive any letters or emails. I just logged in and it looks like I can apply for a hardship request. Would you advise making the minimum payment now for the next 6 months or just wait and see what happens?

Will these loans be forgiven at some point? I'm just paying the minimum on mine at the moment. I did the hardship as well. trying to hold out for a loan forgiveness

Called SBA they said they haven’t heard anything like that

Thanks for keeping us up-to-date!!

I heard this message on Friday May 3. I've talked with both SBA and Treasury (amazingly got through at 7:30 am on the dot) neither agent had yet heard of this development. I too recorded the message. So happy to know I'm not crazy! The message appears to refer to all EIDL loans regardless of delinquency time, is this how you understand it?

Does this mean if I don’t pay my eidl loan starting today for two years it won’t get sent to treasury and just accrue interest?

Thank u

Wait, so how does this 2-year deferred referral to the Treasury work exactly? I'm in the middle of my 3rd hardship accommodation plan. If I stop paying because I can't afford it anymore, what are SBA's "early collection methods"? I don't have any collateral as a sole prop besides a used laptop and crappy desk. Are they going to try and take my home? I read SBA 7a loans that default, they won't take your home if the loan amount is at least 75% of your home's fair market value. I'm so confused right now. I'm cool with Treasury taking 15% of W2 income, IRS tax refunds and social security. I'm not cool with SBA taking my home/vehicle or a private collection agency hired by Treasury doing those things.

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Forgive the whole thing already,, most of borrowers won’t be able to pay back

Good news, now if we can get SBA to accept OICs, everything would be the coolest.

They need to seriously just forgive 200,000$ and less

Thank you for the update. Yes, another big joke, people can not pay and returned from treasury?

Thanks Brother! I appreciate you staying on top of this stuff for everyone and have a great weekend . Another great video! You are the best!

Thank you for the update ❤

Don't worry, when the losses are do great in the depths of this recession, they will do something.

You can pay the balance. SBA will not loan you anything until you take care of this.

Does an ofic require a lump sum?

I was told today, by the SBA, that no matter what (even if loan is under 100k) they can lien and garnish and go after personal assets bc it was borrowed against a personal social security number. Is this true?

What does a typical percentage look like with offer in compromise with other SBA loans?

Thanks Jason!

Thanks!

Do you charge $200 or $2000 to help with a hardship deferment?

We need an OIC

top 5 mistakes in my 55 years on earth, was getting a loan from the SBA!! They don't have to follow any laws, rules, or abide by the contract!

I have 2 loans the 1099 loan is up to day but my llc loan was not. My personal credit score has gone down 100 points