by Jill Sullivan | Jul 2, 2025 | Litigation, Loss Mitigation
Loss mitigation plays a critical role in protecting the financial interests of creditors when commercial borrowers default or show signs of distress. In the world of commercial lending, large loan amounts, complex collateral structures, and sophisticated borrowers...
by Jill Sullivan | Jun 23, 2025 | Bankruptcy, Litigation, Loss Mitigation
When borrowers default on their obligations, creditors face complex decisions about how to recover the outstanding debt. One of the most important tools in a creditor’s arsenal is loss mitigation. While often associated with consumer protections and foreclosure...
by Jill Sullivan | Jun 16, 2025 | Bankruptcy, Litigation, Loss Mitigation
Winning a court judgment is a significant legal milestone for creditors, but it is rarely the final step. Once a judgment is entered, creditors still face the challenge of actually collecting what is owed. Many debtors either refuse to pay or claim they are unable to...
by Jill Sullivan | Jun 9, 2025 | Bankruptcy, Litigation, Loss Mitigation
For creditors seeking to collect a debt through litigation, timing is everything. While valid claims may exist, they must be asserted within a legally defined window known as the statute of limitations. This time limit is not just a procedural technicality; it can...
by Jill Sullivan | Jun 2, 2025 | Bankruptcy, Litigation, Loss Mitigation
When a creditor files a lawsuit to collect a debt, the process doesn’t move straight from filing to judgment. One of the most important stages of litigation is legal discovery. This phase allows both parties to gather evidence, learn the strengths and weaknesses of...
