Deficiency Collection & Litigation

Deficiency Collection & Litigation

Once a creditor exhausts the protection afforded by collateral, it becomes an unsecured creditor. But to collect the remaining balance?the deficiency?a secured creditor must jump through many more hoops than other creditors. K&F has years of experience helping creditors make sure that their procedures are sound, that their notices comply with local law, and that they conduct their sales in a commercially reasonable manner. That experience can help you collect your deficiency balances.