Bennett Boehning & Clary represents lenders in both Financing Transactions to protect Creditor’s Rights proactively and in Bankruptcy, Collection and Work-Out Situations to protect Creditor’s Rights.
Creditor’s Rights in Financing Transactions. BB&C represents lenders, whether banks, credit unions, private lending institutions or individuals, in all sizes of financing transactions including senior secured, subordinate or mezzanine financings and unsecured financings to help proactively protect creditors. We are familiar with the market terms for the documents making up a financing transaction including the following:
- Term Sheets
- Loan Agreements
- Participation Agreements
- Promissory Notes
- Security Agreements
- Subordination Agreements
- Guarantees
- Mortgages
- Assignments of Rents, Leases or Accounts Receivable
- Intercreditor Agreements
- Landlord Waiver
- Pledge Agreements
- Personal Guaranty Agreements
- Deposit Account Control Agreements
- UCC filings
Loan Document Preparation Attorneys:
- Stuart R. Gutwein
- Stuart P. Boehning
- Andrew S. Gutwein
Representative Clients
- Alliance Bank
- Community State Bank
- Industrial Federal Credit Union
- Lafayette Bank & Trust
- Purdue Federal Credit Union
- Salin Bank & Trust
Bankruptcy, Collection and Work-Out Situations to protect Creditor’s Rights. When loans or other credit transactions such as selling goods on account are in danger of default or are in default, BB&C can step in and assist lenders or other creditors in protecting their collateral and helping seize whatever opportunities there are to ensure repayment of their loan. Among those services, BB&C conducts the following:
- Asset Seizures and Sales
- Residential Foreclosures
- Commercial Foreclosures
- Consumer Collections
- Commercial Collections
- Creditors Bankruptcy Counsel
- Loan Forbearance Agreements
- Loan Renegotiations
- Mechanic’s Liens
Representative Clients
- Alliance Bank
- Community State Bank
- Industrial Federal Credit Union
- Lafayette Bank & Trust
- Purdue Federal Credit Union
- Salin Bank & Trust