$149.00
Learn strategies to help you navigate commercial mortgage collection issues specifically related to commercial mortgages.This course will help lenders and mortgagees navigate collection issues specifically related to commercial mortgages. You will learn both proactive and reactive strategies as well as how to address frequent collection issues.
Date: 2022-06-27 Start Time: End Time:
Learning Objectives
Starting at the Beginning: Declaring Default
• Monetary vs. Non-Monetary Defaults
• Demand/Acceleration Letters
• Title Search/Other Liens
Judicial Foreclosure
• State Court vs. Federal Court
• One Action Rule
• Receivers and Receiver Sales
• Credit Bidding
• Foreclosure Sale Process
Non-Judicial Foreclosure
• Process and Procedures
• Practical Considerations
Foreclosure of Personal Property/Ucc Issues
• Attachment vs. Perfection
• Enforcing Security Interest
Deed in Lieu of Foreclosure
• Practical Considerations
• Requirements for Enforceable DIL
Refinance and Discounted Payoffs
• Requirements Related to Payoff Requests and Releases
Bankruptcy Issues
• 341 Meeting of Creditors
• Automatic Stay and Relief From Automatic Stay
• Cram Down
AIPB ,CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Andrew T. McClain-Foley & Lardner LLP, Jill L. Nicholson – Foley & Lardner LLP