Banking Law…
Loan Workouts and Restructures
Otten & Associates assists lending clients in working through, and out of, troubled loan situations. Effective workouts start with early collaboration with lending counsel to create a clear strategy for achievement of the lender’s repayment objectives.
Otten & Associates focuses on minimizing further delays and maximization of efficient recoveries in the workout negotiation with defaulted borrowers to drive forward quick resolution of the repayment and collection issues. Through well drafted loan forbearance, loan modification, and deed-in-lieu of foreclosure agreements, banking and lending clients have been assisted in getting their loan files back on track toward repayment.
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