Don't Let Bad Get Worse: How to Proceed When a Loan Goes Sideways
Nancy Sabol Frantz and Steve Ostrow lead an interactive program on an important protective strategy to implement when faced with a defaulted or distressed credit facility. They discuss how and why pre-negotiation agreements are critical, and what negative consequences can result for a lender without one.
- How communications with a borrower could be admissible into evidence
- Practical do’s and don’ts in handling a distressed or defaulted loan
- The problems with informal email correspondence with a borrower