Covered by NYDaily News. Las Vegas man accused of threatening a prominent attorney and making vile remarks.
Covered by New York Times, and other outlets. Fake heiress accused of conning the city’s wealthy, and has an HBO special being made about her.
Accused of stalking Alec Baldwin. The case garnered nationwide attention, with USAToday, NYPost, and other media outlets following it closely.
Juror who prompted calls for new Ghislaine Maxwell trial turns to lawyer who defended Anna Sorokin.
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The Spodek Law Group understands how delicate high-profile cases can be, and has a strong track record of getting positive outcomes. Our lawyers service a clientele that is nationwide. With offices in both LA and NYC, and cases all across the country - Spodek Law Group is a top tier law firm.
Todd Spodek is a second generation attorney with immense experience. He has many years of experience handling 100’s of tough and hard to win trials. He’s been featured on major news outlets, such as New York Post, Newsweek, Fox 5 New York, South China Morning Post, Insider.com, and many others.
In 2022, Netflix released a series about one of Todd’s clients: Anna Delvey/Anna Sorokin.
Why Clients Choose Spodek Law Group
The reason is simple: clients want white glove service, and lawyers who can win. Every single client who works with the Spodek Law Group is aware that the attorney they hire could drastically change the outcome of their case. Hiring the Spodek Law Group means you’re taking your future seriously. Our lawyers handle cases nationwide, ranging from NYC to LA. Our philosophy is fair and simple: our nyc criminal lawyers only take on clients who we know will benefit from our services.
We’re selective about the clients we work with, and only take on cases we know align with our experience – and where we can make a difference. This is different from other law firms who are not invested in your success nor care about your outcome.
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Last Updated on: 27th July 2023, 04:33 pm
It’s a common misconception that you need to pay an attorney hundreds of dollars per hour to negotiate your SBA debt. While it’s true that you want to be represented by a knowledgeable firm with experience dealing with the SBA, you don’t necessarily need a law firm.
Many borrowers believe that lawyers have the expertise to negotiate debt, but this isn’t always the case. In fact, we’ve heard from lawyers who admit that they’re not good with numbers and that’s why they got into law in the first place. You don’t want a lawyer who’s not financially savvy and lacks knowledge of the SBA process, as this could result in a hefty bill and no resolution to your debt.
The key to finding the right firm for your SBA debt is to choose one that:
When do I strongly suggest consulting with an attorney? Any time you’re asked to sign legal documents or if the bank has initiated legal action and you’re seeking advice on the suit.
If you’ve received the 60-Day Official Notice from the SBA, offering you the opportunity to petition for an administrative review of the debt, make an SBA offer in compromise, or enter into a repayment agreement, you may feel overwhelmed. Not only is your SBA debt back in the spotlight, but if you don’t respond to the 60-Day Official Notice within the stated time frame, your case will be referred to the Department of Treasury’s Bureau of Fiscal Service and you’ll be charged up to 30% of the original SBA debt balance in administrative fees and costs.
Based on your financial status, an SBA offer in compromise may not be an option. Some SBA debtors have too many liquid assets or a monthly income that’s too high for the SBA to consider an SBA offer in compromise.
If you don’t qualify for an SBA offer in compromise, one option is to negotiate a repayment agreement with the SBA. An SBA attorney can review your financial situation and negotiate a reasonable repayment agreement before your case is referred to Treasury’s Bureau of Fiscal Service.
Facing the closure of your business and the seizure of its assets can be a devastating experience for entrepreneurs. But it’s not until they are reminded of their personal assets pledged to the SBA that they understand the full extent of the situation. The SolveDebt offers a range of options to help resolve your SBA loan default, including loan modification and SBA Offer in Compromise.
Running a business is not always a smooth journey, and it’s common for entrepreneurs to encounter difficulties making payments on their SBA loan. While lenders and the SBA are not eager to rewrite loan terms, a workout plan and loan modification proposal may be preferable to a bad loan. SolveDebt will work tirelessly to negotiate a solution with the SBA lender, but the process requires a strong commitment from the borrower and is not quick.
Available loan modifications for SBA Loans include:
The SBA’s policy on loan modifications can be found in the Standard Operation Procedure 50-50-4, Chapter 5, paragraphs 8(a), 15(a), 16(a), 17 as well as Chapter 7, Paragraphs 5(b) – 5(h). If you need help or have questions about SBA debt relief options, the Perliski Law Group is here to assist.
For most small business owners, the closure of their business and the liquidation of assets is only the beginning of the default process. The SBA guaranty may protect the lender, but it does nothing for the business owner or other guarantors on the SBA loan. Collection efforts can result in the loss of assets or wage garnishment by the U.S. Treasury. While bankruptcy is an option for dealing with an SBA loan default, it’s not the only one.
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