UBC News

Bureau of Fiscal Service Garnishment: No Statute of limitations on federal debts

Episode Summary

Time does not stop Treasury collections. Administrative Wage Garnishment and the Treasury Offset Program can both continue until the balance is resolved. Action helps. Use the right steps, meet deadlines, and keep documents organized.

Episode Notes

Many SBA borrowers think the loan will eventually “time out.” It won’t. Once a loan goes to the Bureau of the Fiscal Service, Treasury collections do not expire. SBA & Federal Debt Advisory Services City: Hutto Address: 143 Exchange Blvd - Suite 300-41 Website: https://www.nontaxdebthelp.com