Hire a real estate lawyer that specializes in defaulted loans and workouts that will assert your rights as a creditor and maximize your recovery. LawInfo Lead Counsel qualified real estate attorneys provide quality representation for banks, pension funds, insurance companies and other institutional lenders, and worked on all property types from singlefamily suburban land development to downtown office buildings in negotiated restructurings, bankruptcies and foreclosures of distressed investments. They are well versed in the specific laws and legal techniques associated with distressed real estate loans, including:
· Mortgage foreclosure
· Consent foreclosure
· Deed in lieu of foreclosure
· Single asset bankruptcy, including "cram down" analysis, lift stay and bad faith filing
· Restructurings
· Uniform Commercial Code (UCC) sales
· Negative amortization
· Springing guarantees
· Consolidations and spreaders
· Lock boxes
· Participating mortgages
· Debt to equity conversions
· Secured debt to mezzanine conversions
· Mezzanine debt foreclosure
· Debt sales
· Receivership Mortgagee in possession
· Nonrecourse carveout analysis and collection
· Ground lease terminations
