Commercial
Lending, Loan Restructure and Bankruptcy:
Nearly every business has financing needs from time to time.
Vance Hancock has assisted clients in negotiating borrowing terms for
secured and unsecured lending as well as the drafting, negotiation and
closing of loan transactions. And when those transactions need to be modified
to meet the changing needs and circumstances of clients, Vance Hancock
has assisted to develop workable restructure plans and to prepare documentation
to reflect the changing needs of clients.
Occasionally, the borrower in a loan transaction finds that it is in over
its head, or a business finds that one of its customers cannot pay its
obligations to that business. Whether your business is having problems
meeting its obligations or one of your customers can no longer pay its
debts, there is a possibility that at some point your business may be
involved in a bankruptcy. The ins and outs of the bankruptcy code can
be a difficult course to navigate. Vance Hancock has successfully represented
both creditors and debtors in bankruptcy court.
