Recoupment & Set-Off

description

With an unprecedented number of Small Business Administration (SBA) Economic Injury Disaster Loans (EIDL) granted during the Pandemic and the high number of defaults due to closed or struggling businesses, bankruptcy attorneys need to be well versed in how to advise their clients when seeking debt relief. This panel will explore the Department of Justice Civil Resource Manual for Setoff and Recoupment in Bankruptcy Matters. Attendees will learn how to identify recoupment and setoff issues and how they may impact discharge of the debts in bankruptcy. Additionally, attendees will learn how to use the offer in compromise process for SBA loans.