Commercial Loans and Exercising Remedies After a Default: Forbearance Agreements and Other Workout Options
On November 12, bankruptcy and litigation attorney Brian Koenig joins BARBRI for a CLE webinar providing lenders' counsel with a framework for responding to commercial loan defaults.
Brian and his fellow presenter will discuss available lender remedies, creative approaches to troubled loans, and issues lenders should consider before proceeding with acceleration and collection. They'll also explore how forbearance agreements and loan restructuring can be used to rescue transactions, prevent bankruptcy or litigation, and improve lender outcomes. Additional topics include initial steps following a loan default, borrower communications, key provisions of forbearance agreements, and potential pitfalls in loan modifications.