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Current Issues in Commercial Collections

 

Commercial collections are becoming more complex – stay up-to-date on the latest issues.

The world of commercial collections has seen numerous recent developments. These developments require that those responsible for enforcing their collection rights be aware of not only new twists on several established remedies, but also new concepts which may make collections more difficult. For example, what happens to rental income when a bank or other lender wants to exercise rights under a mortgage or assignment of rents? And what are the priorities for creditors and secured lenders with respect to a garnishment? On a more recent concept, are you in a state that must deal with asset protection trusts for guarantors that might have the money to pay some or all of a commercial debt? This topic is essential for those who need to stay current on commercial collection issues.

Agenda

Faculty

Emily M. Coyle

Emily M. Coyle

Plunkett Cooney, P.C.

  • Member of Plunkett Cooney, P.C.’s Banking, Bankruptcy and Creditor Rights Practice Group
  • Focuses practice primarily on the collection of commercial loans and debts along with loan modifications and workouts
  • Represents a large range of clients in litigation involving commercial debts from national banks to small businesses, and remains active in the Federal Bar Association, American Bankruptcy Institute, and Debtor/Creditor Committee of the Oakland County Bar Association
  • Presented workshops on various collection issues from fraudulent transfer litigation to the benefits of receiverships, and foreclosure law
  • J.D. degree, magna cum laude, Western Michigan University Cooley Law School; B.S. degree, Juniata College
  • Can be contacted at 248-594-8613 or [email protected]
Michael A. Fleming

Michael A. Fleming

Plunkett Cooney, P.C.

  • Partner in Plunkett Cooney, P.C.’s Banking, Bankruptcy and Creditor Rights Practice Group, has represented creditors in bankruptcy for over 35 years
  • Represents clients in numerous aspects of commercial and secured transactions, including loan workouts, foreclosures, commercial loan collections, business reorganizations, creditors’ rights, and business bankruptcy reorganizations
  • Named a Best Lawyer in America for bankruptcy and creditor-debtor rights every year since 2015 and has achieved the highest rating in the Martindale-Hubbell Law Directory
  • Member of the Turnaround Management Association and American Bankruptcy Institute
  • J.D. degree, cum laude, Wayne State University Law School; B.A. degree, magna cum laude, University of Michigan-Dearborn
  • Can be contacted at 248-901-4095 or [email protected]

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