In Part 2, Geraci litigation lawyers will discuss the following:

• the options available when a borrower uses bankruptcy to delay a foreclosure
• the significant advantages that the lender holds
• the different ways that the lender can react to a borrower’s game plan.

Bankruptcy filings are on the rise! Learn the basics on how to protect your loan interests when your borrower files bankruptcy (including filing motions for relief from stay, objections to the debtor’s plan, and proofs of claim), how to move forward with your foreclosure, and how to avoid those borrowers who will file bankruptcy.

1. What it means for you when your borrower files bankruptcy
2. Steps you can take to proceed with your foreclosure once the bankruptcy is filed
3. Common characteristics of borrowers who file bankruptcy
4. Timeline for foreclosing once bankruptcy is filed
5. Information to give your bankruptcy attorney to keep your fees down

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