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	<title>Bridge Management</title>
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		<title>Working Out a Franchise Business</title>
		<link>http://www.bridgemgt.com/working-out-a-franchine-business/</link>
		<comments>http://www.bridgemgt.com/working-out-a-franchine-business/#comments</comments>
		<pubDate>Wed, 01 Jun 2011 18:29:30 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Bank Debt]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[Business Consulting]]></category>
		<category><![CDATA[Debt Resolution]]></category>
		<category><![CDATA[Finances]]></category>
		<category><![CDATA[Leases]]></category>
		<category><![CDATA[SBA Workout]]></category>
		<category><![CDATA[Secured Debt]]></category>

		<guid isPermaLink="false">http://www.bridgemgt.com/?p=425</guid>
		<description><![CDATA[Franchises are a popular method for aspiring entrepreneurs to &#8220;launch&#8221; themselves into business.  They come with a proven business model, marketing, operations, training, and a network of other franchise owners who are available to answer questions and provide guidance.  Franchises are one of the fastest growing segments of the small business market for a good [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>SBA Default &#8211; Personal Guarantee &#8211; Can I lose my House?</title>
		<link>http://www.bridgemgt.com/sba-default-personal-guarantee-can-i-lose-my-house/</link>
		<comments>http://www.bridgemgt.com/sba-default-personal-guarantee-can-i-lose-my-house/#comments</comments>
		<pubDate>Fri, 25 Mar 2011 14:58:41 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Bank Debt]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[Business Consulting]]></category>
		<category><![CDATA[Debt Resolution]]></category>
		<category><![CDATA[Leases]]></category>
		<category><![CDATA[SBA Workout]]></category>
		<category><![CDATA[Secured Debt]]></category>

		<guid isPermaLink="false">http://www.bridgemgt.com/?p=420</guid>
		<description><![CDATA[I&#8217;m frequently presented with a situation where my client, a small business owner, has voluntarily given the bank (and by extension, the SBA), a lien on their home.  And the key question my client asks is, &#8220;will they take my house?&#8221; Unfortunately, there is no simple answer, because the outcome of this situation depends on [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>SBA Offer In Compromise &#8211; How Do You Get The Bank to Accept Your Offer?</title>
		<link>http://www.bridgemgt.com/sba-offer-in-compromise-how-do-you-get-the-bank-to-accept-your-offer/</link>
		<comments>http://www.bridgemgt.com/sba-offer-in-compromise-how-do-you-get-the-bank-to-accept-your-offer/#comments</comments>
		<pubDate>Thu, 10 Mar 2011 22:43:27 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Bank Debt]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[Business Consulting]]></category>
		<category><![CDATA[Debt Resolution]]></category>
		<category><![CDATA[SBA Workout]]></category>
		<category><![CDATA[Secured Debt]]></category>
		<category><![CDATA[Unsecured Debt]]></category>

		<guid isPermaLink="false">http://www.bridgemgt.com/?p=407</guid>
		<description><![CDATA[Many clients ask me this question&#8230;&#8221;how do you ensure the bank will accept the lowest possible Offer In Compromise?&#8221; This is a good question, and the answer is not obvious or trivial.   But first, let&#8217;s look at how the OIC process works. The SBA Offer In Compromise process is subset of the SBA guidelines and [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Does a Default on an SBA Loan Affect Personal Credit Score?</title>
		<link>http://www.bridgemgt.com/does-a-default-on-an-sba-loan-affect-personal-credit-score/</link>
		<comments>http://www.bridgemgt.com/does-a-default-on-an-sba-loan-affect-personal-credit-score/#comments</comments>
		<pubDate>Fri, 11 Feb 2011 19:23:53 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[blog]]></category>
		<category><![CDATA[Business Consulting]]></category>
		<category><![CDATA[Debt Resolution]]></category>
		<category><![CDATA[Finances]]></category>
		<category><![CDATA[SBA Workout]]></category>
		<category><![CDATA[Secured Debt]]></category>

		<guid isPermaLink="false">http://www.bridgemgt.com/?p=395</guid>
		<description><![CDATA[Good question&#8230;and the answer is &#8220;maybe&#8221;. Depending on how you handle and deal with the defaulted SBA loan, it can have major negative ramifications on your personal credit for years.  And, if you are forced into a bankruptcy as a result of the default, it can stay on your credit for up to 8 years. [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>What Happens When You Default on SBA Loan?</title>
		<link>http://www.bridgemgt.com/what-happens-when-you-default-on-sba-loan/</link>
		<comments>http://www.bridgemgt.com/what-happens-when-you-default-on-sba-loan/#comments</comments>
		<pubDate>Thu, 10 Feb 2011 17:37:04 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Bank Debt]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[Debt Resolution]]></category>
		<category><![CDATA[Finances]]></category>
		<category><![CDATA[SBA Workout]]></category>
		<category><![CDATA[Secured Debt]]></category>

		<guid isPermaLink="false">http://www.bridgemgt.com/?p=388</guid>
		<description><![CDATA[What happens to my SBA loan when my business fails? So your business is struggling, and you are wondering, what happens to my SBA guaranteed business loan? What indeed… Let’s answer that question by first understanding what the SBA guarantee actually means.   The guarantee is actually for the BANK, not the borrower.  Which means that [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>SBA Guarantee is NOT for Borrower&#8230;it only protects the Bank in the case of DEFAULT!</title>
		<link>http://www.bridgemgt.com/sba-guarantee-is-not-for-borrower-it-only-protects-the-bank-in-the-case-of-default/</link>
		<comments>http://www.bridgemgt.com/sba-guarantee-is-not-for-borrower-it-only-protects-the-bank-in-the-case-of-default/#comments</comments>
		<pubDate>Tue, 11 Jan 2011 13:20:32 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Bank Debt]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[Business Consulting]]></category>
		<category><![CDATA[Debt Resolution]]></category>
		<category><![CDATA[Finances]]></category>
		<category><![CDATA[SBA Workout]]></category>
		<category><![CDATA[Secured Debt]]></category>
		<category><![CDATA[Turnarounds]]></category>

		<guid isPermaLink="false">http://www.bridgemgt.com/?p=383</guid>
		<description><![CDATA[When obtaining a commercial loan from your bank, your banker may tell you that SBA guaranteed loans are the best thing for your situation.  And they may be&#8230;but be careful, because they come with many restrictions and hidden dangers.   However, by carefully negotiating the terms, and structuring your personal assets appropriately, you can minimize [...]]]></description>
		<wfw:commentRss>http://www.bridgemgt.com/sba-guarantee-is-not-for-borrower-it-only-protects-the-bank-in-the-case-of-default/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
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		<item>
		<title>Bank Workout &#8211; What does it Mean for an SBA Loan?</title>
		<link>http://www.bridgemgt.com/bank-workout-what-does-it-mean-for-an-sba-loan/</link>
		<comments>http://www.bridgemgt.com/bank-workout-what-does-it-mean-for-an-sba-loan/#comments</comments>
		<pubDate>Tue, 28 Dec 2010 17:21:37 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Bank Debt]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[Debt Resolution]]></category>
		<category><![CDATA[SBA Workout]]></category>
		<category><![CDATA[Secured Debt]]></category>
		<category><![CDATA[Unsecured Debt]]></category>

		<guid isPermaLink="false">http://www.bridgemgt.com/?p=374</guid>
		<description><![CDATA[You&#8217;ve been late on your small business loan a few months now when the phone call comes.  You initially think it&#8217;s just your loan office calling once again to try to squeeze some blood from the stone.   But this time it is someone else from the bank&#8230;someone from the bank&#8217;s &#8220;Workout Group.&#8221; Sometimes the [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>When in Default on SBA Loan, does it make sense to hire a Lawyer?</title>
		<link>http://www.bridgemgt.com/when-in-default-on-sba-loan-does-it-make-sense-to-hire-a-lawyer/</link>
		<comments>http://www.bridgemgt.com/when-in-default-on-sba-loan-does-it-make-sense-to-hire-a-lawyer/#comments</comments>
		<pubDate>Tue, 21 Dec 2010 11:38:27 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Bank Debt]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[Business Consulting]]></category>
		<category><![CDATA[Debt Resolution]]></category>
		<category><![CDATA[SBA Workout]]></category>
		<category><![CDATA[Secured Debt]]></category>
		<category><![CDATA[Unsecured Debt]]></category>

		<guid isPermaLink="false">http://www.bridgemgt.com/?p=370</guid>
		<description><![CDATA[When a struggling small business owner misses a payment on an SBA loan, it is flagged as a troubled loan by the bank.  Most of my clients have been diligent about communicating with their bank, so the bank is not really surprised by this event.  However, my clients are frequently surprised when the bank&#8217;s tone [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>SBA Loan Default: Does this mean Bankruptcy for the Business Owner?</title>
		<link>http://www.bridgemgt.com/sba-loan-default-does-this-mean-bankruptcy-for-the-business-owner/</link>
		<comments>http://www.bridgemgt.com/sba-loan-default-does-this-mean-bankruptcy-for-the-business-owner/#comments</comments>
		<pubDate>Thu, 09 Dec 2010 11:06:24 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Business Consulting]]></category>

		<guid isPermaLink="false">http://www.bridgemgt.com/?p=337</guid>
		<description><![CDATA[I frequently am asked this question from concerned business owners: &#8220;If I default on my SBA loan, and the bank calls the loan, do I have to declare bankruptcy?&#8221; The answer is a resounding &#8220;NO!&#8221; Bankruptcy is only necessary in certain situations.  Many, if not most, situations of default (and the resulting workout) can be [...]]]></description>
		<wfw:commentRss>http://www.bridgemgt.com/sba-loan-default-does-this-mean-bankruptcy-for-the-business-owner/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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		<title>SBA Offer In Compromise (OIC)&#8230;how to Submit for Approval</title>
		<link>http://www.bridgemgt.com/sba-offer-in-compromise-oic-how-to-submit-for-approval/</link>
		<comments>http://www.bridgemgt.com/sba-offer-in-compromise-oic-how-to-submit-for-approval/#comments</comments>
		<pubDate>Fri, 26 Nov 2010 13:53:14 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Bank Debt]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[Business Consulting]]></category>
		<category><![CDATA[Debt Resolution]]></category>
		<category><![CDATA[Finances]]></category>
		<category><![CDATA[Misc]]></category>
		<category><![CDATA[SBA Workout]]></category>
		<category><![CDATA[Secured Debt]]></category>

		<guid isPermaLink="false">http://www.bridgemgt.com/?p=303</guid>
		<description><![CDATA[So your company failed, and now the bank is asking about your personal assets as a way of collecting on the personal guarantee you signed.  What do you do?  Well one option is to prepare and submit an Offer In Compromise (OIC).   What is this?  It is a procedure that the SBA has for [...]]]></description>
		<wfw:commentRss>http://www.bridgemgt.com/sba-offer-in-compromise-oic-how-to-submit-for-approval/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
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