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Asset-Driven Approaches in NPL Management & Collections Tech

Qualco

During a tightening cycle, central banks worldwide raise interest rates in an attempt to curb inflation. This approach involves taking proactive measures, even when the credit is still in good standing, and the creditor has not yet taken possession of the collateral.

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Unsecured And Secured Loans: What If A Company Can’t Repay?

Hudson Weir

According to the British Business Bank , there was a 12.8% increase in gross bank lending to SMEs between 2021 and 2022. In total, banks provided £65.1bn in loans to small companies with more likely to have gone to larger businesses too! But what’s the difference between secured loans and unsecured ones? What is a secured loan?

Loans 52
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The Rights of a Prepetition Lien Holder Against Postpetition Proceeds from a Sale of Real Property

ABI

In evaluating the Texas Business & Commerce Code and title 11 of the United States Code (the “Bankruptcy Code”), the United States Bankruptcy Court for the Southern District of Texas, in In Re Burts Construction, Inc., In 2017, Allegiance Bank loaned Burts Construction, Inc. the “Debtor”) $1.5 1] In re Burts Constr.,

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When a Company Goes Into Administration or Liquidation Who Gets Paid First?

Hudson Weir

This company property can be anything from equipment and constructions to apparatus, vehicles, and intellectual property. Secured creditors include leasing companies and banks. Usually, a bank will only lend if the borrower puts their signature on a document allocating security to the arrears.

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Using Aggressive Methods to Domesticate Foreign Judgments and Enforce Mechanics Liens

Collections Law

Our debt collection firm works relentlessly and aggressively to help clients get their hard-earned monies back into their bank accounts from tricky debtors who want to delay payments or have zero intentions of paying back. A mechanics lien serves like collateral. We Domesticate Foreign Judgments in Massachusetts.

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Establishing Standing in a Foreclosure Proceeding

Jimerson Firm

PNC Bank National Association, 239 So. HSBC Bank USA, Nat’l Ass’n, 175 So. Wells Fargo Bank, N.A. Bank of N.Y. US Bank Nat. The original assignor of a mortgage that has been collaterally assigned cannot bring a foreclosure action without the knowledge and consent of the assignee. Bank of N.Y.

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As Chapter 11 Bankruptcy Filings Surge, Here’s What Creditors Need to Know to Protect and Enforce Their Rights

Fraser

Because debtors require sufficient cash to operate their businesses and pay for the administrative expenses of the chapter 11 process, many seek interim court approval for financing (called “debor-in-possession” or “DIP” financing) and/or the use cash collateral that is subject to a secured creditor’s lien. Proof-of-Claim Bar Date.