What's On Tap? Episode 7: Handling Commercial Loan Defaults - from Work Out to Judgment

You have a commercial loan that is 30 days past due, what steps do you need to take to protect your bottom line? This episode of What’s On Tap? discusses the need for quick action when a commercial loan goes delinquent. You will be given practical pointers about how to create a work out plan and establish a forbearance agreement. If these options fail, we will then walk you through the many remedies available to protect your interest from Article 9 sales to assignments of rent. The goal of this episode will be to ensure you have all the information needed to mitigate a commercial loan loss and recover on a commercial loan default.     
 

Join Shareholder Michael Dougherty and Attorneys Cameron Deane and Andrew Condiles on Thursday, April 17^th – don’t forget to submit your questions when you register!

 

• How you can use the UCC to protect yourself against commercial loan defaults.

• Learn to use an assignment of rents clause to enhance recovery.

• Pointers to properly perfect and file your UCC1 statement.

Disclaimer:
Some of our previous webinar attendees had issues viewing episodes of What's On Tap? during the live session. Please note that the best viewing browser for this webinar is Google Chrome. If you have concerns or additional questions, we suggest connecting with your organization's IT department to gain access to GoToWebinar.

 

Weltman’s Webinar Series delivers year-round educational content, specific to creditors' rights throughout numerous focus areas. Join our Philadelphia, PA attorneys for these webinars to stay ahead of trends.