Workouts From The Borrower's Viewpoint

Workouts From The Borrower's Viewpoint
James E. Goodrich, Author
The Practical Real Estate Lawyer

In this article published by The Practical Real Estate Lawyer, Partner James E. Goodrich provides a comprehensive overview of the workout process from the borrower's perspective. He covers the types of workout options, communications and cash strategies, the property and project review process and how to develop a plan that will be accepted by the lender(s). A borrower worksheet for problem loans is provided at the end of the article.