Commercial Loan Defaults, Waivers, Workouts and Amendments

Date:

Apr 8, 2024

Discover insider tips and essential guidelines for navigating challenging workout situations. We'll cover the critical documentation required before, during, and after negotiations with borrowers and guarantors. Empower yourself with the knowledge and skills you need to succeed in today's fast-paced banking environment.

In the current economic environment, commercial loan defaults are expected to accelerate. When a default exists, your bank may agree to a renewal, extension, or significant modification to the loan, as the solution. This program will cover guidelines for the Bank in a workout situation, including the documentation to consider before, during, and after negotiations take place with borrowers and guarantors. Assessing lien positions and likely recoveries in bankruptcy and in the absence of a workout will also be discussed. Practical information for daily use will be provided.