Financial News

SBA & Federal Debt Advisory Services Releases Guide on Proof of Federal Debt

SBA & Federal Debt Advisory Services has released an educational resource explaining proof of debt for federal non-tax debt, what documents borrowers are entitled to request, and how to obtain them through the Bureau of the Fiscal Service or an authorized advocate.

-- SBA & Federal Debt Advisory Services has released a new educational article focused on proof of debt for federal non-tax debt, addressing a common source of confusion for borrowers who receive federal debt collection notices and want to better understand the origin and certification of the obligation.

More information is available at SBA & Federal Debt Advisory Services

The article explains what proof of debt for federal non-tax debt is, what documents borrowers are entitled to request, and how those records relate to the balance certified by the originating agency before it was referred to Cross Servicing, a centralized federal collection platform. It also clarifies the distinction between the foundation of a debt and additional fees, penalties, or interest that may be added later during the collection process.

According to the article, requesting proof of debt is not a request for relief or a challenge to collection activity. It is a practical step that allows borrowers to review the documentation supporting the debt so they can make informed decisions about next steps.

The resource outlines how borrowers can request proof of debt directly from the Bureau of the Fiscal Service or authorize an advocate to request records on their behalf using the appropriate federal authorization form. It emphasizes that borrowers may request these records regardless of their current documentation.

SBA & Federal Debt Advisory Services developed the article to help borrowers better understand how federal non-tax debt collection works and reduce confusion when accounts are transferred for centralized federal collection. The company notes that clarity around documentation often helps borrowers move forward in a more organized and informed way.

Readers can access the full article and additional educational resources through the company’s website. For those who would like assistance requesting proof of debt or reviewing the records they receive, SBA & Federal Debt Advisory Services offers a free 15-minute consultation to discuss individual circumstances and next steps.

For more details, visit https://www.nontaxdebthelp.com/

Contact Info:
Name: Jay Scannell
Email: Send Email
Organization: SBA & Federal Debt Advisory Services
Address: 143 Exchange Blvd - Suite 300-41, Hutto, TX 78634, United States
Website: https://www.nontaxdebthelp.com

Source: NewsNetwork

Release ID: 89181702

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