Foreclosures & Workouts

HunterMaclean represents banks, other financial institutions, and business clients in many problem loan workouts and foreclosures, including related litigation

Overview

HunterMaclean represents banks, other financial institutions, and business clients in many problem loan workouts and foreclosures, including related litigation

  • MidCap Funding Investment I, LLC, foreclosure of multimillion-dollar medical office building owned by Governors Pavilion, LLC at 4450 Calibre Crossing, Cobb County, Georgia.
  • Commercial foreclosures involving multimillion-dollar assisted living facility and memory care facility.
  • Hotel foreclosure for Chehar Maa Pushp, Inc., that also involved a mobile home and life insurance collateral that were not properly assigned to client by the former lender that we resolved through proper assignment prior to foreclosure.
  • Hotel foreclosure in downtown Savannah, Georgia.
  • Commercial foreclosure of strip mall in Effingham County, Georgia, for Great Southern Bank.
  • Bank of Hazlehurst foreclosure on Altamaha Properties’ mobile home park with tenants and assignment of rent demands.
  • Bank of Hazlehurst foreclosure on Michael G. Collins’ land and farming operation, including equipment, creating turnkey resale.
  • Liquor store foreclosure for Unity Bank with loan secured by commercial and residential property that converted into a workout.
  • Workout instead of foreclosure on land and farming operation, including equipment, through sale to a third party.
  • Workout instead of foreclosure on multi-parcel collateral with developer borrowers and South State Bank that resulted in higher recovery for lender.
  • Foreclosure of individually owned residence post-bankruptcy for South State Bank.
  • Foreclosure of individually owned residence with federal tax liens for South State Bank, as short sale could not be accomplished due to liens.
  • Personal property foreclosures of heavy equipment, such as excavators and haulers, for Ascendum Machinery, Inc., or workout through marshaling or turnover prior to foreclosure.
  • Personal property foreclosure of liens on tractors for Port City Logistics against Bently/Southeast Transport.
  • Writs of possession to obtain collateral for a loan, such as vehicles, for Service Credit Union that involve an issue like impound at the Vehicle Processing Center of a service member’s vehicle transported from overseas and obtaining a court order so that the facility would release the vehicle to the titleholder.
  • Writ of possession for copyrighted material—a library of videos, movies, and television shows owned by W. P. Production, Inc., going back to 1987.
  • Foreclosure of an interest in an AUP Unit for Gulfstream.
  • Foreclosures of restaurant equipment and movie theater contents.
  • Successful defense of client against creditors of her deceased husband’s company regarding collateral (trucks, trailers, scales, and other equipment) pledged by his company.
  • Successful defense of the former owner of a motel in Tennessee in a suit by a lender seeking a $4 million deficiency judgment pursuant to a ten-year-old guaranty.

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