01 Jun 2021
Will a Loan Default Video Go Viral?
You represent a lender, and the borrower defaulted. What do you do? First, you need to understand the loan transaction. We have you covered. Grab some popcorn, sit back, and watch this video on reviewing loan documents and getting organized after a loan default.
Related Content
- Default Letter
Use this form to draft a default letter to inform a borrower that they have defaulted on their loan obligations. - Forbearance Agreement (Bankruptcy, Loan, and Other Debt Workouts)
Check out a sample forbearance agreement where lenders agree to forbear for a specific period of time from accelerating a debtor’s debt and from pursuing remedies. - Collateral Review (Secured Lender) Checklist
See this checklist for an overview of the issues that a creditor who has been granted a security interest should address after a transaction has closed. - Loan Agreement Events of Default: Lenders’ Remedies Resource Kit
Review this resource kit for Practical Guidance materials on drafting defaults, events of default, and related provisions in a loan agreement and a lender’s remedies upon an event of default.
Practical Guidance Updates
Featuring the latest updates in Practical Guidance.
- First Day Hearing Agenda
- Subchapter V and Small Business Case Filing Chart
- Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.
Experience results today with practical guidance, legal research, and data-driven insights—all in one place.
Experience Lexis+