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The Lending, Workout & Foreclosure practice group at Taylor English represents national, regional, local and community banks and lending institutions in all manner of loan-related transactions – from the drafting and negotiation of the loan documents, to the due diligence on the properties and other collateral securing the loans, to the closing of the loan. Our team brings legal and business experience gained from years working on financing transactions at top national firms and as in-house counsels at some of the country’s largest corporations.
Our Lending, Workout & Foreclosure practice group also has extensive experience in working with troubled loans and guiding banks and lending institutions through the workout and foreclosure process. In the event of a default or other issue with a troubled loan, we bring together our transactional and litigation team members to provide strategy and guidance to help banks and lending institutions determine whether foreclosure, litigation or workout – or a combination of these approaches – is the right strategy. We can craft and negotiate forbearance agreements, loan modification documents and collateral substitution documents. We can also move beyond the workout, and have extensive experience in efficiently handling all of the steps in foreclosure sales and proceedings. Throughout the process, we can manage all aspects of litigation, including foreclosure sale confirmations, deficiency suits against borrowers and guarantors and bankruptcy representation.
As with all practice groups at Taylor English, we provide these services within a new model for law firms – one that provides sophisticated legal counsel in an efficient and cost-effective manner.