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Foreclosing on Secured Collateral: What You Need to Know

 

Get tips for evaluating a lender's contractual and security positions and learn how to formulate and execute foreclosure plans.

Loan defaults remain significant and secured creditors continue to have to think about enforcing their rights through foreclosure of real and personal property collateral. This can be a complicated process that requires a good deal of planning in order to reach a successful outcome. This topic will help the people responsible for loan workout and enforcement, as well as their advisors, evaluate the lender's contractual and security positions and formulate and execute foreclosure plans for loans secured by both real and personal property. It will also touch on issues relating to resale of foreclosed property.

Agenda

Faculty

William R. Wyatt

William R. Wyatt

Sheppard, Mullin, Richter & Hampton LLP

  • Partner in Sheppard, Mullin, Richter & Hampton LLP’s Menlo Park, CA office
  • Represents lenders, agents, participants, and borrowers in documenting, restructuring, and enforcing commercial loan transactions secured by both real and personal property
  • Has presented webinars on foreclosing on real and personal property collateral and on due diligence considerations for participation loans
  • Member of the New York and California bars, and has practiced both in Sheppard Mullin’s New York and San Francisco offices
  • Can be contacted at [email protected] or 650-815-2655

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