Summary
Provide legal services loan collection and collateral recovery service. Work includes Initiation and prosecution of legal actions to collect outstanding debts, including filing and litigating civil lawsuits; Enforcement of loan agreements, guarantees, and security instruments; Foreclosure proceedings on real property collateral; Repossession and disposition of secured assets, including equipment and business property; Assistance with negotiation of settlements, restructurings, or workout agreements where appropriate; Filing and enforcement of judgments; Coordination with law enforcement or third-party repossession agents as necessary; Providing legal advice and strategy related to risk mitigation and recovery efforts; Ensuring compliance with all applicable federal, state, and local laws and regulations.