Mortgages and Security Interests

Protecting Your Rights Under Mortgages and Security Interests

Experienced lawyer Joel Blumberg understands the details of perfecting, enforcing and liquidating the collateral that protects your claims. For many creditors, the primary recourse against a debtor in default will be the practical ability to proceed against collateral assets. Contact CreditorCollections, A Law Firm, in West Palm Beach to learn about your enforcement options.

Handling Foreclosure and Lien Enforcement Proceedings Throughout Florida

The whole point of taking a mortgage or security interest is to protect your ability to enforce your claims against specific assets. You need to be able to count on your attorney to prepare enforceable documents, perfect your interest to establish priority against competing creditors or a bankruptcy trustee, and make efficient use of prejudgment or post-judgment remedies.

With over 25 years of experience in commercial collections, Joel Blumberg understands the full range of creditors' remedies, including:

  • First or second mortgages on real estate
  • Security interests in equipment, inventory or receivables under Article 9 of the UCC
  • Mechanic's liens
  • Judgment liens
  • Possessory interests in collateral through pledges

Attorney Blumberg can advise you about the considerations that need to guide your actions when liquidating collateral to reduce a loan balance or satisfy a judgment. In some situations, you'll need to dispose of collateral in a "commercially reasonable" manner. Attorney Blumberg can help you identify the means of liquidation that can satisfy any applicable requirements.

In situations where the value of the collateral has fallen, you might need to negotiate short sale or workout terms with your debtor and other lien holders.

To learn more about representation in collateral foreclosure and asset liquidation situations, contact CreditorCollections, in West Palm Beach.