So Your Commercial Borrower Is In Default? Protecting your Security Interest

SKU: REL8800

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About This Course

Banks, commercial lenders, private investors and loan holders are confronted with a number of important decisions when business owners default on their loan obligations and/or fall behind on their mortgage payments for their commercial property. New Jersey has seen an influx of foreclosures over the recent years. One way that lenders can protect their security interests in their respective properties is by instituting foreclosure proceedings to recover the properties at issue and engage in various proceedings to secure payment of the debt.

This CLE program will examine the steps that a lender/owner/holder of the note, mortgage and related loan documents for a commercial property may take to protect its interests. We will touch upon the common (and not so common) issues that may arise throughout the process, the relevant case law, court rules and procedures, and supply practice pointers and general recommendations.

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