Attend this seminar to learn how to better manage problem loans and protect the rights of the bank in today's market!. The seminar will begin with a .. Read more review of the basics of how a commercial loan request should be processed in today's market i.e. This will include a brief review of correct business structure, the six elements of proper loan structure, and the four aspects of adequate loan support. The seminar will then focus on what happens when a good loan turns into a bad loan i.e. What should the bank do and not do at this point in time?. This question will be answered by addressing the legal rights of the bank and the practical steps that the bank should take in order to protect itself. This will include the collection process, restructuring the loan, and/or proceeding against the borrower through repossession, foreclosure, filing a law suit to obtain a judgment, forcing the borrower into bankruptcy or simply walking away.
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