As an importer of note, we are sure you’ve heard of the IEEPA refunds process and are most likely in the process of consolidating your duties information in an attempt to apply for these refunds. That said, a lot of businesses are of the assumption that just because a government refund has been announced, it automatically goes to them. The reality, however, is never this simple. Sometimes, a lender may have a contractual claim to money that was signed away many years ago thanks to the fine print on a loan agreement document that you overlooked at closing, just happy that your corporation finally got the capital to get things moving. The IEEPA refunds that are now being processed by CBP are no exception to this pattern, and if you’re waiting on a seven-figure deposit to hit your bank account so you can improve your corporation’s liquidity, you might have to think twice about your IEEPA refunds – read on to find out more.
Are you looking for a best IEEPA refunds attorney? Please call us NOW at (314) 481-63338 to learn more about your legal options for justice and compensation as they relate to IEEPA refunds and the process. McCready Law is proud to announce that we have joined forces with Frost Law Arizona to help corporations and businesses that were unlawfully levied duties against during the February 2025 to February 2026 period, and thanks to the Supreme Court ruling, the government was ordered to pay back all these duties to over 300,000 affected businesses across the country. Our strategic partnership means we are able to assess your claim, consolidate your entries via an in-depth forensic audit to discover just how much the government owes you, file protective orders on your behalf, and even litigate your claim in front of the Court of International Trade should the government become recalcitrant about processing your IEEPA refunds. We offer the forensic audit at NO CHARGE as well as a 100% FREE initial consultation phone-call, and we work efficiently and ensure all your valid entries are presented as a complete dossier to CBP and relevant authorities, leaving you to focus on more pressing business matters. Need assistance with IEEPA refund rejections or processing? Call us NOW at (314) 481-63338 to speak with an experienced attorney and tax experts at no cost to you.
Will The Bank Come for Your IEEPA Tariff Refund? These Clauses Say YES
Commercial loan agreements are written by lenders to capture every conceivable asset that you might acquire as a borrower, and the broad language has been refined over decades of litigation. Therefore, the “after-acquired property” clause is the first provision you must investigate, since it means that any asset you obtain after signing the loan agreement can be considered as collateral, which includes things like IEEPA refund claims.
Next, there is a “proceeds” clause which is a second provision that you need to worry about, since it incorporates “all cash or non-cash proceeds of any collateral”. Since your refund is considered a proceed of your business operations, it is fair game.
The third and last lethal clause is the “event of default” trap, which has the power to transform your refund from an asset into a liability, which provides your lender with the ability to accelerate your loan and demand that you pay them, or increase your interest rate the moment that IEEPA refund hits your account.
What to Do to Protect Your IEEPA Refund From the Banks – Call Us Today!
That said, all is not lost; while the banks can act like Emperors or the Ultimate structured or legal Casino, they’re not the types to destroy relationships, especially with importers of note and corporations that have proved their financial mettle over the years. To this end, the experienced attorneys at McCready Law in conjunction with Frost Law Arizona have come up with an IEEPA tariff consolidation program where we help you keep your refunds. We do this by first and foremost by providing you with FREE forensic audits of your IEEPA tariff entries to find out just how much the government owes you. We then identify if your lender has a claim to your refund – should we find out that they do, we negotiate waivers or subordinations before the money ever hits your accounts. In addition, we file protests to preserve your right to these IEEPA tariff refunds in the future, as well as litigate your claim at the Court of International Trade should it ever come down to that. If you’d like to hear more, please give us a call NOW at (314) 481-63338 for your 100% FREE consultation with one of our experienced and aggressive attorneys into all things IEEPA tariff refunds. Thanks for choosing us, and we look forward to helping you.