how-to-maximize-insurance-claims-recovery 
Debt Recoveries
MAY 4, 2021
As insurance claims recovery specialists, we get to see many different claims processes, systems and procedures going on within an insurer or a TPA (third party administrator). So here are our thoughts on how the process of claims recovery can be maximized for successful recovery.
Jimerson Firm
NOVEMBER 23, 2020
If the Recoverable Value is over $5,000, the lender must decide which method of liquidation is the most appropriate to maximize the recovery in the shortest amount of time. When a small business association (“SBA”) loan is converted to liquidation status, the lender must begin liquidating the collateral. See SOP 50 57.
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Jimerson Firm
OCTOBER 28, 2020
Investing the time and effort upfront to determine what types of expenses a lender can recover from the SBA, what documentation the SBA requires to approve an expense recovery request, and when the lender can submit an expense recovery request, will ensure lenders are able to maximize their liquidation and litigation expense recoveries.
Jimerson Firm
FEBRUARY 2, 2021
If a borrower defaults on a SBA loan, the lender or CDC must assess the environmental risk of contamination before conducting any liquidation action that could result in a loss, or otherwise increase the risk of loss, due to the actual or alleged presence of contamination. SOP 50 10 5(E), Appendix 2. SOP 50 57 2 ; SOP 50 55. .
Fraser
JUNE 25, 2020
For creditors to maximize their recoveries, they must stay informed and take action during a bankruptcy proceeding. It is important for creditors and their advisors to carefully review “first day” motions in order to know how their rights may be affected, and take action as appropriate. From Hertz to J.C. First Day” Motions.
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