Pallett Valo’s New Remedies Group Helps Lenders Make Optimal Decisions and Maximize Recoveries

Published on: February 2018 | News

Remedies Group

In today’s complex legal landscape, lenders face a myriad of choices when dealing with the recovery of amounts lent to borrowers. The Remedies Group at Pallett Valo offers advice and guidance to assist lenders in achieving clarity, to make optimal decisions and to utilize the best tools available to them, geared to their specific circumstance, in order to maximize recoveries.

Our Remedies Group is a cross-functional group of lawyers chosen for their expertise in different areas of recovery law, such as enforcing security against real or personal property or recovering a debt from an operating business or an insolvent one.  This expertise allows us to assist our clients in determining the best course to take, and often requires quick action to protect and secure assets. We stand ready to serve our lender clients with effective, results-driven service. We provide timely and practical advice, and follow through with proven recovery measures aimed at achieving the business goals of our lending clients. We can handle virtually any and every recovery strategy available.

Lenders today are as unique and diverse as the lending products they offer. Our lending clients include traditional bank lenders, leasing companies, asset based lenders, mortgage lenders, factors, distribution finance companies and private lenders. We understand the needs of these lenders and, working closely with them, we provide timely advice on recovery issues and implement sound strategies geared toward achieving desired objectives.

If you are a lender faced with a delinquent or defaulted loan, or one you believe is at risk, we would be pleased to assist you in achieving your loan recovery goals with our legal services.

Areas of our Remedies Group Practice include:

Preparing and issuing demand letters

Pre-enforcement security review

Conducting a real or personal property sale under execution

Enforcing judgments

Representing lenders in priority disputes

Preparing and serving statutory or regulatory notices

Conducting real property power of sale proceedings

Foreclosing on real or personal property

Preparing forbearance and standstill agreements

Conducting litigation for debt recovery against borrowers and guarantors

Appointing a receiver

Filing an Application for a Bankruptcy Order

Preparing, registering and enforcing condominium liens

Enforcing personal property security by way of auction or private sale of collateral

Connect to Members of our Remedies Group:

Joe Conte
Direct Dial: 905.273.3022 Ext. 217
Monty Dhaliwal
Direct Dial: 905.273.3022 Ext. 228
Ted Evangelidis
Direct Dial: 905.273.3022 Ext. 250
Alex Ilchenko
Direct Dial: 905.273.3022 Ext. 203
Steven Pordage
Direct Dial: 905.273.3022 Ext. 286
Anne Kennedy
Direct Dial: 905.273.3022 Ext. 204
Ray Mikkola
Direct Dial: 905.273.3022 Ext. 276