Hanson Baker Ludlow Drumheller Finance and Banking Representative Matters

• Foreclosures.  Conducted hundreds of nonjudicial deed of trust foreclosures for a variety of banks and numerous private lenders, and defended lenders from allegations of wrongful foreclosure. 
• Foreclosures.  Represented lenders in numerous receivership proceedings and in judicial foreclosure proceedings. 
• Foreclosures.  Arranged title insured, non-merger deeds in lieu of foreclosure, allowing lenders to retain their security and complete construction or take over leasing activities. 
• Loan Document Preparation and Review.  Represented owner in financing and refinancing numerous commercial properties in Washington, Arizona and California.
• Receiverships.  More and more, receiverships are being seen as the more practical alternative to bankruptcy proceedings. We can assist in deciding whether a receivership suits the clients’ needs, and when clients becomes involved in a receivership proceeding, can provide guidance in how best to maximize the clients' position and right to recovery.
• Secured Lending (Personal and Commercial).  Represented several banks in preparation of form loan documents for construction and collateralized loans.
• Secured Lending (Personal and Commercial).  Represented lenders in preparation of documents for initial reverse 1031 Exchanges and documents with non-traditional collateral requirements.
• Work Outs.  Reorganized collateral requirements and restructured debt for local music company and local bank taken over by receiver.
• Work Outs.  Regularly represented secured and unsecured lenders in work-out negotiations, including defaults on land development loans and defaults on multi-million dollar lines of credit to construct spec homes.