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During the first ten days of 2009 as college bowl games reached a climax with the BCS championship and the NFL post season play intensified, GERSON LAW FIRM APC began assisting its lender clients tackling foreclosures and receiverships nationwide as commercial real estate is impacted by the country’s economic woes.
GLF accepted engagements for enforcing assignment of rents provisions of commercial mortgages, and commencing judicial and non judicial foreclosure actions in California, Washington, Pennsylvania, and Florida. GLF’s team of professionals will coordinate implementation of all loan loss recovery strategies, drawing upon a national network of professionals.
Demands for commercial loan modification and loan work-outs are also being met by GLF, as it is viewed as a leader in the industry for rapid responsiveness to its client needs.