Commercial Foreclosure

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Commercial borrowers sometimes get into financial trouble and default on their mortgage payments. A “default” occurs when the borrower falls behind in payments or fails to do something that the loan documents require, like maintaining hazard insurance on the property. After a default, the lender may accelerate, or call due, the outstanding balance on the loan and begin a foreclosure.  A commercial foreclosure is, ordinarily, very similar to a residential foreclosure. The foreclosure may be nonjudicial or judicial, depending on state law and what the loan documents dictate. Below you’ll find articles describing the commercial foreclosure process, foreclosure alternatives for commercial properties, the role of a receiver in a commercial foreclosure, and more.

FACING FORECLOSURE ?
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By clicking "Find a Lawyer", you agree to the Martindale-Nolo Texting Terms. Martindale-Nolo and up to 5 participating attorneys may contact you on the number you provided for marketing purposes, discuss available services, etc. Messages may be sent using pre-recorded messages, auto-dialer or other automated technology. You are not required to provide consent as a condition of service. Attorneys have the option, but are not required, to send text messages to you. You will receive up to 2 messages per week from Martindale-Nolo. Frequency from attorney may vary. Message and data rates may apply. Your number will be held in accordance with our Privacy Policy.

You should not send any sensitive or confidential information through this site. Any information sent through this site does not create an attorney-client relationship and may not be treated as privileged or confidential. The lawyer or law firm you are contacting is not required to, and may choose not to, accept you as a client. The Internet is not necessarily secure and emails sent through this site could be intercepted or read by third parties.

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