by Jill Sullivan | Mar 25, 2026 | Bankruptcy, Litigation
For creditors, one of the most important decisions in the recovery process is whether to settle a debt or pursue litigation. While both paths can lead to recovery, the right choice depends on a range of factors including the debtor’s financial condition, the size of...
by Jill Sullivan | Mar 16, 2026 | Bankruptcy, Litigation
When a borrower files for bankruptcy, creditors are often forced to evaluate complicated financial information in order to understand what happened to the debtor’s assets and what recovery may be possible. Bankruptcy filings can involve extensive financial records,...
by Jill Sullivan | Mar 11, 2026 | Bankruptcy, Foreclosure, Litigation
When a business becomes financially distressed, creditors often expect that a bankruptcy filing will follow. However, bankruptcy is not the only option available to struggling companies. In some cases, a debtor may pursue an alternative process known as an Assignment...
by Jill Sullivan | Mar 5, 2026 | Foreclosure, Litigation
When a borrower defaults, the path forward is not always immediate litigation or foreclosure. In many cases, creditors have an opportunity to negotiate a workout agreement that preserves value, reduces risk, and avoids the time and expense of contested proceedings....
by Jill Sullivan | Feb 26, 2026 | Foreclosure, Litigation, Loss Mitigation
Loss mitigation is an essential component of modern creditor strategy. In today’s regulatory climate, borrowers have broad access to workout options, and servicers must navigate detailed procedural requirements. But one issue continues to frustrate lenders and...
by Jill Sullivan | Feb 23, 2026 | Bankruptcy, Foreclosure, Loss Mitigation
Non-Judicial USDA Loan Foreclosures: What Creditors Need to Know When a borrower defaults on a USDA-backed mortgage in a non-judicial foreclosure state, the path to recovery looks very different from judicial litigation. There is no complaint filed, no court hearings,...
by Jill Sullivan | Feb 18, 2026 | Foreclosure, Loss Mitigation
Foreclosing on a property is rarely simple. When the loan is backed by the United States Department of Agriculture, the process becomes even more nuanced. Judicial USDA loan foreclosures involve an intersection of federal housing policy, agency servicing requirements,...
by Jill Sullivan | Feb 13, 2026 | Loss Mitigation
When a borrower falls behind, most creditors immediately focus on collections, foreclosure timelines, or litigation exposure. Those tools matter. But they are not always the most strategic first move. Loss mitigation is not about being lenient. It is about protecting...
by Jill Sullivan | Feb 9, 2026 | Bankruptcy, Bankruptcy Case Monitoring
When a debtor threatens bankruptcy, creditors often feel pressure to react quickly. That pressure is understandable. A bankruptcy filing can halt collection activity overnight, disrupt litigation strategies, and significantly limit recovery options. But reacting...
by Jill Sullivan | Feb 2, 2026 | Bankruptcy, Litigation
For creditors, bankruptcy rarely arrives without warning. Late payments, broken communication, sudden asset transfers, or escalating disputes often signal financial distress long before a formal filing appears on the docket. The actions creditors take during this...
