Posts from May 2023.
With the economy tightening and interest rates continuing to increase to amounts greater than have been seen in the recent past, lenders are facing more requests for assistance from debtors who are unable to repay their loans in accordance with their original terms. Hence, workouts are becoming an evermore important tool for lenders seeking to protect the collectability of their loans.
Welcome to Banking Brief: Financial Services Insights, where Amundsen Davis attorneys provide actionable insights on the laws and trends impacting financial institutions and the banking industry.
RSS Feed