When foreclosure is looming, you not only need to understand all your client's options, you also need practical techniques for protecting your client's interests. Get the tools you need! This practical instruction begins with a detailed walk-through of the various loan workout options and the foreclosure process. Then take an in-depth look at how to handle the title, environmental and post-foreclosure issues commonly encountered when working with troubled assets. Take your skills to the next level. Order today!

1. The Foreclosure Process in Virginia 
2. Workouts – The Various Tools in the Toolbox for Working Out Troubled Real Estate Loans
3. Ethics  
4. Environmental Issues in the Foreclosure Process
5. Title Issues in the Foreclosure Process and Workout Context

The Foreclosure Process in Virginia
9:00 - 10:15, Richard A. Knee  

• Notice Requirements
• Foreclosure Hearing
• Foreclosure Sale
• Upset Bid
• The "Closing" With Third Party Bidders
• Deficiency

Workouts – The Various Tools in the Toolbox for Working Out Troubled Real Estate Loans
10:30 - 11:45, Michael T. Freeman  

• Pre-Negotiation
• Forbearance
• Deed in Lieu of Foreclosure
• Loan Modifications
• Discounted Payoffs

Ethics
11:45 - 12:45, Michael T. Freeman

• Conflicts of Interest
• Multiple Representation Issues
• Due Diligence and Duty to Disclose
• Attorneys' Fees

Environmental Issues in the Foreclosure Process
1:45 - 3:00, John F. Sawyer

• Environmental Conditions at Foreclosed Properties
• Assessment/Reassessment of Environmental Risk 
• Liability Protection for Lenders

Title Issues in the Foreclosure Process and Workout Context
3:15 - 4:30, Ellen G. Owen

• The Loan Policy
• Using the Title Commitment and Prior Title Information
• Title Aspects of Foreclosure Alternatives
• Title Issues During Foreclosure
• Parties Involved and Obtaining Jurisdiction
• Actions the Mortgage Holder can Take
• Post-Judgment Issues

MICHAEL T. FREEMAN is an attorney for Samuel I. White, P.C., where his practice areas include bankruptcy, creditors' rights, loss mitigation, commercial and civil litigation, foreclosures, landlord/tenant evictions, and title resolution and debt collection. His statewide practice focuses on representation of lenders and creditors in Bankruptcy Court, including the protection of secured interest, motions and objections practice and bankruptcy litigation. His commercial litigation focuses on resolution of title issues and defects, deficiency actions, debt collection, foreclosure-related litigation and other matters involving real property. Mr. Freeman is a member of the American Bar Association, Virginia Bar Association (Young Lawyers Division), City of Richmond Bar (Bankruptcy section) and Phi Alpha Delta. He earned his B.A. degree, magna cum laude, from Elon College (now Elon University) and his J.D. degree from T.C. Williams School of Law, University of Richmond.

RICHARD A. KNEE is a partner in the firm of Glasser & Glasser, P.L.C., where he practices in the areas of foreclosure, creditors' rights and maritime liens. Mr. Knee earned his B.S. degree, with honors, from the United States Coast Guard Academy and his J.D. degree from the University of Houston. He is a member of the State Bar of Texas, the Virginia State Bar, and the Norfolk-Portsmouth Bar Association.

ELLEN G. OWEN is an attorney with Samuel I. White, P.C., where her areas of practice are real estate and title insurance. She is a member of the Virginia State Bar. Ms. Owen earned her A.B. degree from the College of William and Mary, and her J.D. degree from Washington and Lee University School of Law.

JOHN F. SAWYER is an attorney with Wolcott Rivers Gates, where his areas of practice include civil litigation, real estate, environmental law, and creditors’ rights. He is a member of the American, Virginia, Norfolk, Portsmouth, Virginia Beach bar associations. Mr. Sawyer earned his B.A. degree from the College of William and Mary, and his J.D. degree from the Dickinson School of Law of the Pennsylvania State University.

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