Financial Services - , ,
With the economy in an ongoing recession, more and more businesses are having trouble meeting their obligations on commercial real estate loans. We provide strategic advice and solutions for commercial property owners seeking to restructure their commercial financing. The most common client in need of our services is the commercial property owner that has a 3, 5, or 10 year loan with a balloon payment that is coming due within the next 12 months. Our commercial loan workouts have been saving business owners and businesses from suffering through foreclosure. We also work with clients who are already behind on their mortgage.Our in-house counsel will advise clients in assessing the interests, rights, and remedies of, and potential remedies against, the lender and other relevant stakeholders. We develop and negotiate a viable workout strategy to accomplish the client's objectives and give the lender a solution to keep them from hitting their loan loss limits.We offer a no cost comprehensive evaluation for those who might be in need of our services.