With so many commercial loans in default, and many predicted to become defaulted in the coming months, borrowers and lenders are struggling to find negotiated solutions to defaulted and distressed loans. A negotiated solution may prevent an enforcement action with attendant costs, delays and uncertainties, and may help maximize the value of the collateral for all stakeholders. Forbearance agreements are flexible tools that allow borrowers and lenders to achieve many different goals and potentially avoid litigation and exercise of remedies. This audio conference will help parties to a defaulted or distressed loan understand what options may be available to them under a forbearance agreement.
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