Liquidation

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This section covers general lender liquidation guidelines.

Preparing for 7(a) Liquidation Submission
Submitting a 7(a) loan for liquidation requires preparation from the SBA lender. See the resources below for more information.
Entering a 7(a) Loan Into Liquidation
See the information below from SBA and the National Guaranty Purchase Center on entering a 7(a) loan into liquidation.
Closing the Liquidation Process
See the information below on closing the liquidation process.

NGPC Liquidation Processing

How will the NGPC process your case This Center will utilize Loan Resolution Teams to manage cases. Upon receipt of your request for action, your request will be assigned to a team for resolution. The assigned Loan Specialist will...
Preparing a Liquidation Plan

Prior to initiating recovery procedures, Lenders are strongly encouraged to prepare a comprehensive liquidation plan based on the facts known and reasonable assumptions. As a guide, you may refer to and use SBA form 1979 for...
Care & Preservation of Collateral Tabs (CPC Tabs)

View the Care and Preservation of Collateral (CPC) Tabs.
Offer in Compromise Tabs (OIC Tabs)

View the Offer In Compromise (OIC) Tabs.
Sale-Release of Collateral

Lender’s actions must at all times be prudent, lawful and commercially reasonable, and consistent with the lenders practice on its non-SBA loans. For all servicing/liquidation actions not requiring SBA's prior written...

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