Overview
Loan defaults are rising and secured creditors are once again having to think about enforcing their rights through foreclosure of real and personal property collateral. This can be a complicated process that requires a good deal of planning in order to reach a successful outcome. This OnDemand Webinar will help the people responsible for loan workout and enforcement evaluate their positions and formulate and execute foreclosure plans for loans secured by both real and personal property. It will also touch on issues relating to resale of foreclosed property.
Authors
William R. Wyatt, Sheppard, Mullin, Richter & Hampton LLP
Self Study Credit - OnDemand Webinar
| CBC | 0.5 | | |
| CLE | 1.5 | AK, AL, AZ, CA, IL, MS, MT, NC, ND, NV, NY, OR, PA, TN, VT, WA, WI | |
| CLE | 1.8 | MO, WV | |
Self Study Credit - CD & Reference Manual
| CLE | 1.5 | AK, AZ, CA, GA, ME, MT, ND, NV, NY, OR, TX, UT, VT, WA | |
| CLE | 1.8 | MO, WV | |
| CLE | 2 | CO | |
Self Study Credit - Podcast
| CLE | 1.5 | AK, CA, ME, MT, ND, NV, TX | |
| CLE | 1.8 | MO, WV | |
Agenda
- Evaluating Your Strategic Position
- Borrower/Guarantor Evaluation
- Pre-Foreclosure Due Diligence
- Evaluating Your Legal Position
- How to Fix Holes in Your Strategic Position
- Formulating a Foreclosure Plan
- Judicial vs. Nonjudicial
- Entire Business vs. Asset by Asset
- Bidding Strategy
- Collecting Deficiencies
- Conducting the Foreclosure Sale
- Pre-Foreclosure Provisional Remedies
- Hiring Professionals
- Credit Bidding
- Obtaining Possession of the Property
- Reselling the Property
