Lender Liability/Negotiations

North Carolina Lender Liability Attorneys

Did you know your bank has the ability to seize your assets and freeze your checking account, even after one missed loan payment? In today’s difficult economy, banks fighting insolvency will do everything possible to secure funds and avoid closure. At the Wilmington, North Carolina, office of Shipman & Wright, L.L.P., we work with individuals, banks and other lenders to negotiate deals that protect our clients’ interests.

Banks with limited funds that do not receive loan payments on time are in danger of being bought out by the Federal Deposit Insurance Corporation (FDIC). As a result, they often take drastic measures to keep money flowing and preserve their independence. This includes increasing the amount of monthly payments, raising the interest rate, or freezing bank accounts and other assets.

Our lawyers are skilled negotiators who will work hard to find practical solutions that protect our clients and are agreeable to the lender. Contact us to learn how we can help you.

Experienced · Confident · Successful

Over the past 25 years, we have built a tradition of excellence based on securing results for our clients. We have extensive experience negotiating with lenders regarding payment plans and the term of your mortgage note. If your bank froze your accounts due to a missed commercial loan payment, we will review the situation and take the appropriate action to rectify the situation.

We Are Always Prepared

Every case is different, and some banks will tolerate more before they take action against borrowers. No matter the situation, we take the time to understand your case and the reasoning behind the bank or lender’s actions. Being prepared allows us to effectively handle complex lender liability cases and achieve results for our clients.

Contact Us

For more information regarding our firm and lender liability and negotiations, please contact our office at 800-762-1990.

 

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