Experience. Reliability. Results.
This is what you can expect from the banking law specialists at Viviano Law. Call us today to find out how we can help you lighten your legal load, achieve better results, and maximize your return on investment. We’re here to help you.
We prepare loan documentation and handle loan closings for banks and other financial institutions for commercial transactions, including small Business Administration loans. Our services include assisting or handling the due diligence process, resolving collateral priority and perfection issues, drafting transaction documents and loan terms, and conducting closings.
When things don’t work out as planned, we help our banking clients clean up their balance sheet so they can get back to lending and making money.
When it is time to file suit on a promissory note or guaranty, we move quickly, monitor key dates, enter timely defaults, and aggressively pursue summary disposition without incurring unnecessary costs.
Appointment of Receiver
A third-party receiver can be a powerful and necessary tool to enforce your rights, collect rents, and protect your collateral.
When you have to foreclose on real property, we will help you decide whether to foreclose by advertisement or judicially, address any challenges, and keep you on the straightest and most efficient path to recovery.
Deed-in-Lieu of Foreclosure Agreements
When your borrower is cooperative, we can help you secure a deed without the delay of the foreclosure process and document the transaction to protect your rights.
Enforcement of Assignment of Rents
There is nothing more frustrating than a borrower who stops paying you, but keeps collecting rent. We put this stream of income where it belongs – in your hands – by recording your statutory notice of default, serving it on tenants, and pursuing tenants who fail to pay.
Claim and Delivery Actions
We have broad knowledge of claim and delivery practices throughout the State of Michigan. Borrowers are reluctant to return vehicles even when they have missed several payments. Some will hide your collateral. We quickly obtain possession of vehicles and deficiency judgments.
We are experts on the full range of collection tools that Michigan law provides to judgment creditors – including the ones you may not know about. We understand that an uncollectible judgment is just a piece of paper. We help you develop collection leads, create a collection plan, stay within your budget, and relentlessly pursue what you are owed.
Fraudulent Transfer Actions
Even the fastest case takes time, and many will use that time to hide their assets. You don’t have to just watch it happen. The Michigan Fraudulent Transfer Act allows you to follow the money and obtain a judgment against the transferee.
Regulations, laws, and the often-frivolous claims of defaulted borrowers seem to change on a daily basis. We will help you meet this challenge head-on. We will vigorously defend you from wrongful foreclosure actions, state law claims, and the alphabet soup of lender liability claims (TILA, RESPA, FDCPA, and FCRA).
We aggressively pursue fraud claims involving mortgage loans and mortgage brokers. Loan documents and disclosures must be genuine, accurate, and complete. We are your best weapon against those who seek to defraud you.
We have helped mortgagees recover millions of dollars in insurance proceeds related to residential fires, theft, and other property damage. We know the most common reasons provided for claims denial, and we know the law. If you believe your claim has been improperly denied, we can help.