Foreclosure is a procedure that takes place when the borrower is not able to pay the loan on time. Due to this reason the lender would declare the borrower as default. If the borrower is not able to pay the loan on time, then the lender would try to sell the property and recover the loss that was made by the lender. Foreclosure would have an effect on the credit of the borrower. The credit of the borrower would decrease. Thus, it has a negative effect on the credit. Astrea has represented many foreclosure client and is currently represent the interests of various lenders.
We have long term experience foreclosures and all related proceedings such as bankruptcy, deed in lieu, title claims, evictions, forbearance agreements etc.
Moreover, our services in this area includes:
• Winding up
• Business Closure Procedure and Compliance’s
• Assest Management
• Contract Management
• Labor & Employment
• Share & Equity
• Property and Financial Due Diligence
• Court Litigation