10:55 AM – 11:45 AM
Protecting a Lender’s Interest in a Portfolio of Distressed Debt
Possession is still 9/10ths of the law. Lending deals in the debt buying space require due diligence of the borrower and the portfolio, solid documentation of the terms, and the securing of an interest in the borrower and the portfolio assets. We will discuss issues unique to funding a portfolio of consumer debt and provide checklists to help both lenders and borrowers close a transaction.
Irwin Bernstein
CMS Services
Chuck Dodge
Hudson Cook, LLP
Chris Runci
Runci Group
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