Charge-Offs

What a charge-off means for your business debt: collections, debt buyers, settlement after charge-off, credit impact, 1099-C basics, and your options.

• SBA Loan Default: The Offer in Compromise Path for Personal Guarantors — After an SBA loan default, the lender liquidates collateral, SBA pays its share, and the balance is charged off and referred to the Treasury. An offer in compromise lets a guarantor settle the deficiency for what they can pay, but only before that referral.
• Business Credit Card Charged Off: What Happens Next — A charged-off business credit card doesn't erase what you owe. See who collects next, why your personal credit is on the line, and how to negotiate a settlement.
• How Charge-Offs Hit Your Business Credit Reports — See exactly where a charge off on your business credit report surfaces across D&B, Experian Business, and Equifax Business, and what it does to your score.
• When a Merchant Cash Advance Gets Charged Off — When an MCA is charged off, funders often move faster than banks - UCC liens, frozen accounts, guarantee claims. Here is the real timeline, and what is negotiable.
• Debt Validation for Business Debts: What to Demand — The FDCPA usually doesn't cover business debt, but a documentation demand still works. Here's exactly what to request from a collector and how to send it.
• Statute of Limitations on Business Debt, Explained — A statute of limitations is a lawsuit deadline, not a debt eraser. Learn how it works for charged-off business debt, why the timeline varies by state, and what it means for settlement leverage.
• A Debt Buyer Bought Your Business Debt: Now What? — A debt buyer bought your charged-off business debt for pennies on the dollar. Learn who really owns it, what proof to demand, and how to negotiate a lower payoff.
• Got a 1099-C After Settling Business Debt? Start Here — Got a 1099-C after settling business debt? Learn what cancellation-of-debt income means, how entity type affects it, and why a tax pro should review your return.
• Old Business Debt: Mistakes That Can Restart the Clock — A small payment, a signed plan, or a friendly email can restart the statute of limitations on old business debt. Here are the mistakes to avoid.
• Will a Business Charge-Off Show Up on Your Personal Credit? — A business charge-off only hits your personal credit if you personally guaranteed it, are a sole proprietor, or the card issuer reports it that way.
• Pay, Settle, or Wait? Choosing How to Handle a Charge-Off — Pay in full, settle, dispute, or wait? A clear decision framework for charged-off business debt based on guarantee risk, debt age, and cash flow.
• Charge-Off vs. Collections: The Difference for Your Business — A charge-off is an accounting write-off; collections is the active recovery effort. See how they connect and how your options differ at each stage.
• SBA Loan Charge-Off: What Happens and What Comes Next — When an SBA loan charges off, the debt doesn't disappear. Here's the exact federal path from lender liquidation to SBA guarantee purchase and Treasury collection.
• What a Business Loan Charge-Off Actually Means — A charge-off does not mean your business loan is forgiven — you still owe it, and collection often intensifies. Here is what actually changed, and why the debt may now be at its most negotiable.
• How to Settle Charged-Off Business Debt, Step by Step — A step-by-step playbook for settling charged-off business debt: verify who owns it, size your real exposure, negotiate lump sum or structured terms, and lock every term in writing before paying.
• Charged-Off Business Loan: Do You Still Owe the Debt? — A charge-off does not erase a business loan. You still owe the full balance and collectors can pursue it. See who can collect, how personal guarantees factor in, and the leverage you now hold.