New York Lenders and Creditors Attorneys
Lenders and creditors rely on Mackay, Caswell & Callahan, P. C., with respect to lien filings, commercial financing matters and transactions. We have experience with many aspects of commercial financing, some of these have included protecting lenders during foreclosure proceedings.
Lenders and Creditors Rely on Mackay, Caswell & Callahan
Attorney Joseph Callahan has over 30 years of experience representing commercial lenders, residential lenders, and matters involving business law and tax law. Through the years, Joe has represented numerous lenders and creditors during his career. Through the years, smaller lenders have also trusted him to protect their interests in secured lending transactions. If you want to discuss possible representation, please contact us online. Alternatively, you can call our office toll free to arrange an appointment with experienced New York commercial lending counsel.
Lenders’ Rights in Secured Real Estate Transactions
Private lenders, banks and credit unions often need legal counsel to avoid errors. Often, these occur in secured real estate lending transactions that may result in the loss of a secured position. With our experience in this area of law, we also can assist financial institutions and lenders with traditional mortgage lending. If of interest, we can assist with more complex financing structures such as:
- Term loans
- Non-mortgage financing
- Personal guarantees of principals
- Assignments or pledges of stock as collateral
- Assignments of business assets and equipment as collateral
- General and specific security agreements
To ensure the lender is protected in foreclosure and litigation, then, we can prepare security agreements and guaranty documents. Significantly, we can assist lenders with the right to demand additional security from borrowers. If a debtor defaults on a loan, then, the firm can work with the lender on loan workouts and, if necessary, the enforcement of foreclosure.
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