90 Second Lessons

Advice for hard money lenders that have never loaned on raw land before. What special risks does raw land collateral pose to a lender?

To understand California receiverships, it is best to look at the California Code of Civil Procedure to understand receiver appointment and powers.

What benefits creditors more? When considering federal court receivership vs. bankruptcy, bankruptcy is often more predictable, but costly.

Filing an involuntary bankruptcy petition is a powerful collection tool, but an involuntary petition can also come with fees and liability.

A composition agreement is an out of court agreement between the debtor and two or more creditors regarding payment arrangements on a debt.

Chapter 15 of the Bankruptcy Code deals with foreign debtors with assets in the United States. It allows for disposition of the property.

When a property owner falls behind on their loans, what are their options to receive loan forgiveness?

Like a professional fee carve-out, secured creditors may also agree to a carve-out for unsecured creditors to appease the court and creditors’ committee.

A stalking horse bidder makes the first bid in an bankruptcy auction, setting the initial price and structure of the sale– but there are some disadvantages.

A distressed exchange offer allows a struggling company to purchase its outstanding debt securities by offering new securities rather than cash.