NJBankers Headquarters 411 North Avenue East, East Cranford, New Jersey
Joshua N. Howley Jason L. Sobel Gregory E. Reid
NJBankers (New Jersey Bankers Association)
With economic indicators pointing to a slowdown on the horizon, financial institutions must begin ramping up for an increase of commercial loans going to default.
This seminar will explore various circumstances that may arise once a loan goes into default, including but not limited to, pre-negotiation agreements, forbearance agreements, mortgage foreclosure, UCC foreclosure, lawsuits on promissory notes and guarantees, and related topics. This seminar will also address bankruptcy issues that may arise when a financial institution commences asset recovery efforts.