CHAPTER 18: NON-PERFORMING LOANS
Debt collection efforts may be suspended when applicable laws restrict creditor action to collect a debt or take action. An example that may be a ... in the servicing file supports the borrower’s ability and willingness to pay. Voluntary
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CHAPTER 14: FUNDING [Official Agency Use Only]
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www.sba.govRegulations, the Debt Collection Improvement Act of 1996 (“DCIA”) and the Federal Debt Collection Procedures Act. C. General Policy and Goals. Borrowers should repay their SBA loans in accordance with the terms specified in the Loan Authorization, Note and the other Loan Documents. However, when loan servicing and