Commercial Collection Debtor Judgment Lender 
Jimerson Firm
NOVEMBER 13, 2020
When a small business association (“SBA”) loan is converted to liquidation status, the lender must begin liquidating the collateral. If the collateral is real property, the lender must liquidate all parcels of real property that has a Recoverable Value over $10,000. Is the Recoverable Value of the Property Over $10,000? See SOP 50 57.
Collections Law
APRIL 5, 2022
Nearly any commercial enterprise can benefit from professional collection assistance. What does a collection attorney do? Some collection agencies simply send threatening letters, but may not provide much follow through. We then pursue a judgment from the court in order to collect your money. Cohen LLC.
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Jimerson Firm
JULY 30, 2020
In reviewing a loan file after a default by a borrower, lenders should evaluate whether the loan includes an acceleration clause and whether the loan is secured by any personal guaranties. Part 2 of this series analyzed pre-foreclosure loss mitigation options for lenders dealing with hotel/restaurant mortgage defaults.
Jimerson Firm
AUGUST 7, 2020
The Act codifies existing common law in Florida regarding the right to have a receiver appointed by the court in commercial foreclosure actions, and provides much needed clarity, predictability, and uniformity on the standard for the appointment of a receiver and the powers of receivers. What is a Receiver, and Why are They Important?
FFGN COLLECT NY
DECEMBER 30, 2020
If selling on credit, you are a lender. Make sure to avail yourself of all possible tools to collect starting with implementing changes in the sales process. Think proactively about including guarantees, confessions of judgments , liens, security interests, mortgages, and notes. Will you be able to obtain a judgment?
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