Commercial Loan Workouts and Foreclosures

DISCOVER AUGUSTA'S BEST Commercial Loan Workouts and Foreclosures

The firm’s commercial loan workout and foreclosure practice covers the representation of lenders in both South Carolina and Georgia. Our practice includes all aspects of troubled loans from non-adversarial loan modifications to contested foreclosures, bankruptcy, and litigation. We have experience foreclosing both real and personal property collateral. Our clients include small local banks, to regional banks, to large national lenders.

We also have an aggressive team of lawyers who are experienced in post-judgment collection and have collected significant funds from debtors. Our experience includes cases where debtors have secreted assets and made fraudulent transfers. We are skilled at navigating through the rescission of fraudulent conveyances. The firm also has substantial experience representing lenders in priority disputes with competing creditors and in handling title insurance claims.

When collateral consists of environmentally contaminated property, our workout and foreclosure group collaborates with our environmental law group to assist lenders in navigating the complexities involved in such cases. Our experience includes a broad range of environmentally sensitive collateral from gas stations to manufacturing facilities containing nuclear material.

Importance of Loan Workout and Foreclosure Law

Because of recent law and precedent adopted to address perceived abuses in the foreclosure industry, today’s lender’s sit squarely in the cross-hairs of debtors’ lawyers looking to take advantage of any misstep in the foreclosure process. In order to minimize the risk of lender liability claims and to increase recoveries, lenders should retain careful, competent, and experienced counsel.

Representation and Achievements

Notable achievements by the firm in the area of loan workouts and foreclosures include:

  • Represented a lender in a contested case involving a builder line of credit in the amount of $10,000,000. The representation included foreclosure of collateral in both South Carolina and Georgia.
  • Represented a regional lender in a complex and contested $3,000,000 case involving real estate foreclosure, deficiency judgments, and collections. The representation included assertion of fraudulent conveyance claims and multi-state foreclosure and collection efforts.
  • Represented a large regional lender in a contested $2,000,000 case involving real estate foreclosure and deficiency judgments. The representation included the resolution of priority issues among many competing claimants.
  • Represented lenders in a foreclosure and collection case involving large commercial loans secured by a manufacturing site contaminated with nuclear material. The representation included navigating the complexities of an EPA Super Fund site.
  • Represented a regional lender in a multi-million dollar contested loan workout and foreclosure case involving complex intercreditor issues, gas station collateral, litigation, bankruptcy, and loan sale transactions spanning over ten years.

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Augusta, Georgia

SunTrust Bank Building (7th Floor)
801 Broad Street Augusta, GA 30901
Office: 706.722.4481 | Fax: 706.722.9779
Hours: 9:00am-5:30pm

Aiken, South Carolina

111 Park Avenue, S.W.
Aiken, SC 29801
Office: 803.648.4213 | Fax: 803.648.2601
Hours: 9:00am-5:30pm

Evans, Georgia

7004 Evans Town Center Blvd.
Evans, GA 30901 3rd Floor
Office: 706.722.4481 | Fax: 706.650.0925
Hours: 9:00am-5:30pm

Augusta, Georgia

SunTrust Bank Building (7th Floor)
801 Broad Street Augusta, GA 30901
Office: 706.722.4481 | Fax: 706.722.9779
Hours: 9:00am-5:30pm

Aiken, South Carolina

111 Park Avenue, S.W.
Aiken, SC 29801
Office: 803.648.4213 | Fax: 803.648.2601
Hours: 9:00am-5:30pm

Evans, Georgia

7004 Evans Town Center Blvd.
Evans, GA 30901 3rd Floor
Office: 706.722.4481 | Fax: 706.650.0925
Hours: 9:00am-5:30pm

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Our Mission: Hull Barrett, PC is committed to delivering positive outcomes for its clients in an efficient and ethical manner through the employment of talented, skilled attorneys and an able support staff dedicated to professionalism, integrity, and client-focused results.