Forbearance agreements offer short-term relief for borrowers when lenders agree to suspend or reduce payments for a specific period. But complex workout agreements sometimes include many players, like financial institutions, commercial borrowers, banks, and real estate developers. All those stakeholders have the potential to create a really complicated situation. And there’s a lot of fine print involved, too.
Our lawyers bring experience navigating every element of a loan workout situation, including refinancing, loan modifications, negotiations, and litigation. We assist with:
- Workouts and recovery
- Debt collection
- Lending disputes