COMMERCIAL MORTGAGE LOAN HELP!
NO Cost Attorney Consultation!
CALL (888) 718-0986
Experienced Commercial Mortgage Attorneys
Many commercial mortgage clients are surprised to find they have grounds for legal actions relating to their commercial loans. These causes of action can be used to file lawsuits and restraining orders against your lender, designed to stop foreclosure and force your lender to negotiate a settlement or new mortgage terms. To learn more about the viability of suing your lender and resolving your troubled commercial loan, speak to a commercial mortgage attorney today!
GET HELP NOW! ► ► ►
Call (888) 718-0986 and speak to a friendly Representative, or fill out the simple form to the right to schedule your NO COST consultation with an experienced commercial mortgage loan attorney. There is no obligation, so find out more about available loan restructuring and workouts for your commercial loan today!
Commercial mortgage loan workouts may include any of the following outcomes or elements:
- Stop Foreclosures, Auctions and Sheriff Sales
- Reduce Principal Balance (“Haircut”)
- Reduce Interest Rate
- Extend Term
- Payment Forbearances
- Eliminate or Extend “Call” or Balloon
- Facilitate Short Sales
- Facilitate Deed in-Lieu (DIL) Agreement
Though much less publicized than the residential mortgage crisis, the commercial mortgage loan market has suffered greatly during the economic woes of the last decade. As tenants struggle to maintain their payments with decreased income, commercial property owners have seen rising vacancy and delinquency rates. Consequently, many commercial property owners have ended up “cash flow negative” and fallen behind in their commercial mortgage loans.
Mortgage Relief Project now promotes attorneys offering legal services for commercial mortgage loans. With so much attention focused on residential mortgages, there are very few attorneys that offer such services, let alone possess the knowledge and experience to handle the complexities of commercial loan workouts. Not only are the applicable laws different, but commercial mortgage loans require combined skill sets which include knowledge of the Uniform Commercial Code (UCC) and business accounting. Unfortunately, most available workout providers for commercial loans are “non-attorney” loan modification companies. These companies do not have the ability to deploy the legal strategies that attorneys do, such as filing lawsuits and restraining orders to stop foreclosures. In addition, those companies are not held to the higher standards of ethics and compliance that attorneys are. The attorneys promoted by MRP have the knowledge, experience and resources to handle commercial loans for:
- Condominium and Apartment Buildings
- Hotels, Motels and Resorts
- Malls, Mini-Malls and Strip Centers
- Office Buildings and Complexes
- Industrial Buildings
- Storage, Warehouse and Manufacturing Facilities
- Health Care Facilities
- Mobile Home Parks