It seems that the number of denied Offer In Compromises by the SBA is quite staggering. I have gotten many phone calls and emails throughout the year for people wondering why their offer was not accepted by the Bank or the SBA. Although there is many things that factor into getting an OIC accepted, most of the time they are denied for very simple reasons. Either the offer was to low, or the paperwork was not filled out properly. The fact of the matter is that there are so many defaulted SBA loans that the Banker who has that particular file does not have a lot of time to review and make a decision based on unsupported numbers and documentation. When we present these OIC's for our clients they are very in depth and supported by every single piece of paperwork and documentation that the bank or the SBA needs to make a rational and acceptable decision. The outcome is much more harsh for the defaulted borrower if the SBA passes the file down to the US Department of Treasury. There is a window of opportunity to work with the bank and the SBA before that happens. I am always more than happy to take phone calls or emails for anybody needing advice on submitting or preparing an Offer in Compromise. I am always happy to answer questions or concerns via email anytime. Ryan@BridgeMgt.com Bridge Management Consulting