Guarantors Settlement

News & Analysis as of

South Carolina Ruling Could Change the Way Banks Negotiate Loan Settlements

In the recent case CoastalStates Bank v. Hanover Homes of South Carolina, LLC, et al., the South Carolina Court of Appeals issued a potentially game changing opinion on the consequences that a bank’s settlement with a...more

Rogers Towers: A New Case Helps Lenders Avoid Foreclosure Delays Caused by Guarantors

In many foreclosure cases, the strategy of the borrower is simply to delay the case. Typically, the borrower hopes that delay will allow time to either work out a settlement with the lender or find a third party buyer for the...more

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