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Foreclosing on Secured Collateral: What You Need to Know


Get tips for evaluating a lender's contractual and security positions and learn how to formulate and execute foreclosure plans.

Loan defaults remain significant and secured creditors continue to have to think about enforcing their rights through foreclosure of real and personal property collateral. This can be a complicated process that requires a good deal of planning in order to reach a successful outcome. This topic will help the people responsible for loan workout and enforcement, as well as their advisors, evaluate the lender's contractual and security positions and formulate and execute foreclosure plans for loans secured by both real and personal property. It will also touch on issues relating to resale of foreclosed property.



William R. Wyatt

William R. Wyatt

Sheppard, Mullin, Richter & Hampton LLP

  • Partner in the law firm of Sheppard, Mullin, Richter & Hampton LLP in New York City
  • Practices in financial transactions, both documenting new transactions, and working out and enforcing defaulted transactions
  • Represented both institutional lenders and borrowers for more than 25 years
  • Admitted in California and New York
  • J.D. degree, Stanford Law School
  • Can be contacted at 650-815-2655 or [email protected]

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