Foreclosures & Loan Workouts

Pathman Lewis remains a leader in commercial foreclosures and loan workouts. The Firm understands that current economic conditions require experience, efficiency and a steady hand and Pathman Lewis delivers in all of these areas. Many of the Firm’s attorneys have more than twenty years of experience and “cut their teeth” during the last economic downturn. The Firm is structured so that litigation attorneys work seamlessly with real estate and corporate attorneys (as well as outside non-legal professionals) so that we understand the overall business objective of the client before litigation is instituted and can take the necessary steps to preserve the value of the collateral.

We represent lenders of all sizes, including banks, credit unions and private lenders, in foreclosure litigation, collection actions against borrowers and guarantors, loan workouts and structuring of deeds in lieu of foreclosure arrangements. We have the expertise to deal with counterclaims and lender liability issues and make it a policy to address these issues quickly and decisively. We counsel our clients about how to avoid exposure in these areas.

Pathman Lewis is cost conscious and makes every effort to control legal fees. We explore alternative fee arrangements where appropriate. We budget and strategize our cases up front and provide monthly status updates so that our clients always understand the status of their cases and can make well informed business decisions during the progress thereof.