Real Estate Loan Workouts:
Successful Strategies and Potential Pitfalls
Hosted by Maslon's Financial Services Group
(Originally presented: Wednesday, May 21, 2008.)
Maslon Edelman Borman & Brand, LLP
90 South Seventh Street
Wells Fargo Center, 33rd Floor
Minneapolis, MN 55402
Presenters
Brian Klein, Karen Bjorkman and
Amy Swedberg
The Critical Issues
The real estate lending industry is entering another year of challenge and crisis with no end in sight. Real estate valuations continue to fall and foreclosure rates are at an all-time high. Please join us to obtain an understanding of current and developing real estate loan workout issues and proven ways to successfully navigate the collection and liquidation process.
In this interactive seminar, you will learn strategies and techniques to deal with real estate loan workouts at all stages, including how best to respond to initial defaults, protecting yourself from lender liability claims, negotiation of forbearance agreements, foreclosure options and how to maximize recoveries in bankruptcy. Maslon's panel of experienced real estate lending and bankruptcy attorneys will answer all of your toughest questions. You will also receive Maslon's Problem Loan Action List and a Summary of Minnesota Real Estate Foreclosure Procedures to help you implement what you have learned.
Topics will include:
- Important Action Steps to Strengthen the Lender's Position and Avoid Defenses to Enforcement
- Foreclosure Options, Including Strategies for Avoiding Title and Shortening Redemptions
- Forbearance Agreements - Critical Provisions
- Bankruptcy - How to Protect Your Loan/Collateral and Maximize Recoveries
