Recent content by Meghz

  1. M

    Commercial Property - Missed loan payments - Collections

    So I called the bank and she referred me to the customer resolution center to explain my side of the situation. I don't know if they are actually trying to resolve the matter, or just trying to get information for court. I think I should give that a shot, I'm finding things out as I go along so...
  2. M

    Commercial Property - Missed loan payments - Collections

    That new loan is not going to be a commercial loan, which is what I currently have with a decent flat rate, with the new one I would be paying more. Trying to figure out pros/cons - expenditure if I get a lawyer to attempt to keep this current loan active or look on the market for another one...
  3. M

    Commercial Property - Missed loan payments - Collections

    Well I know its in the courts right now, I want to see if we can resolve the matter before hand. I can make the payments. The (tax certificates) liens were paid but not removed from the file so it remained as outstanding. I want to still keep the property so bankruptcy isn't really the method...
  4. M

    Commercial Property - Missed loan payments - Collections

    This matter is still under review, but there are two outstanding real property tax certificates against the property. In any event, I believe will be seeking repayment in full and I would suggest that the Borrower start the process of seeking alternative financing. Thanks He responded with...
  5. M

    Commercial Property - Missed loan payments - Collections

    Hey, first off I would like to thank anyone for helping me out. I cannot afford a lawyer at this point so I am trying to resolve this matter before it reaches the courts. Even though I know that's not what debt collection lawyers want. Anyway, I own a commercial property, and while switching...
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