Publications
Successfully Navigating Murky Waters for Distressed Loans: Best Practices for Lenders
This article was originally published in the Fourth Quarter 2011 edition of The Maryland Banker. To view the full article, click here.
Since the start of the economic crisis, credit markets have tightened, companies have struggled to survive, loan defaults have risen exponentially and lenders have been faced with decisions on whether to attempt a workout of a loan relationship or to begin exercising rights immediately, being always cognizant that a bankruptcy may be looming. This article examines strategies lenders should employ to successfully navigate these murky waters for commercial loans secured by personal property collateral.
Date
November 03, 2011