When loans become distressed, our attorneys help creditors preserve their rights and maximize recoveries. We represent financial service providers in drafting demand letters, negotiating forbearance agreements, and managing real estate loan workouts. We handle foreclosures—both judicial and nonjudicial—and guide clients through deed-in-lieu foreclosure agreements. In bankruptcy cases, we protect secured and unsecured creditors under the Bankruptcy Code, with particular attention to adequate protection, stay relief, and plan objections under Chapters 7, 11 and 13. We also advise on the enforcement of security interests under UCC Articles 9 and 3, including the proper handling of repossessions and collateral liquidation. Our team develops collection procedures that comply with the Texas and federal Fair Debt Collection Practices Act (FDCPA) and state consumer protection laws. Whether navigating a workout, foreclosure, or bankruptcy, we ensure our clients take legally sound, commercially reasonable steps to protect their interests and recover on troubled assets.
