Know when to fold ’em: spotting the first sign of troubled credit
2/16/22
By: Travis Knobbe
All too often, we get recovery files months, sometimes years, after the tipping point when assets begin depleting faster than they can be preserved to maximize lender recovery. To be fair, there are times when credit monitoring …
Preparing for the end game when underwriting new credits
1/10/22
By: Travis Knobbe
Most financial institutions we have represented over the years make a fine-line distinction between loan officers and asset recovery officers. In many instances, this distinction makes sense. If a loan officer considers too openly the risk for …
Squeezing blood from stones: an introduction to creditors’ rights
12/15/21
By: Travis Knobbe
Creditors’ rights, practiced properly, is a truly unique intersection in the law. When I clerked with the Honorable William F. Stone, Jr., in the United States Bankruptcy Court for the Western District of Virginia, he said a …