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.