THIS IS AN ADVERTISEMENT

lender Archives - DelCotto Law Group

LLC’s, Creditors and Authority to File Bankruptcy

November 20, 2017
|
0 Comments
|

Limited liability companies (LLC’s) are the entity of choice these days for small, medium and even huge (think General Motors) businesses.  Laws governing the operation of LLC’s vary from state to state, but tend to offer owners greater flexibility and control than for other entities. LLC […]

Read more
forbearance agreements, bankruptcy

Drafting Forbearance Agreements

February 10, 2015
|
0 Comments
|

Drafting Forbearance Agreements:  A Road Map to Resolving a Troubled Loan
            When faced with a matured loan or a borrower that is otherwise in default and lacks the funds necessary to satisfy the loan in full, some lenders are quick to resort to traditional collection methods […]

Read more

Tips for Preparing a Financial Statement for a Lender

June 13, 2014
|
0 Comments
|

 

Be truthful.     When filling out a financial statement for a lender, you must fully and accurately list all of your ownership interests in property and all of your debts.  If you provide a false financial statement to a lender and the lender extends credit to you based […]

Read more