You make reference to the borrower being under a bankruptcy plan. I suggest taking a look at the approved plan (if this is the case) and determine how your debt has been treated (what creditor group you are in, etc.) I assume when the bankruptcy was ...
We started a similar program 1 year ago counting the number of covenant monitoring action items due each month with the incomplete in the numerator and total in the denominator. The inaugural thresholds we set (off of gut only, no previous data to inform ...
Good morning, Marianne You may also consider selling the loan to a third party that specializes in acquiring distressed debts of non-performing borrowers. Said third party may subsequently reach an amicable restructuring resolution with the borrower; ...
Either the content you're seeking doesn't exist or it requires proper authentication before viewing.