|
|
| What We Do |
| If you are struggling to pay your mortgage, do not seek an attorney to help you, you need to come to Fidelity Private Equity & Debt Advisors. We are a full service firm dedicated to assisting you with obtaining a large principal reduction in your mortgage and finding you replacement debt. An attorney does not have the ability to find you replacement debt and sometimes does not understand the best way to negotiate a principal reduction for you. An attorney is going to drag you into foreclosure or a bankrupcy costing you thousands in fees that will go in their pocket. Our firm has the top attorneys in Florida that work for us. We tell them how to structure every deal so we can drag your lending institution in court for years and force them to discount your mortgage. We unlike attorneys can find you a new loan because if you can get a discount and no new loan, what is the point? |
| |
| How Do We Do It |
| Our affilaite will formulate a loan restructuring
proposal to address the immediate issues affecting your property
while working with you to develop a longer-term business plan
which encompasses an exit strategy for the lender. We will prepare
in-depth market and valuation analyses and present the current
and projected economics of your property in a logical and professional
manner in support of our loan restructuring proposal. We will
work closely with our clients, their management, construction
and leasing professionals, to ensure that the plan we put forth
can be executed within the timeframe and budget allowed. It
is our primary objective to help you prevent a commercial mortgage
foreclosure via a workout that helps you get through this challenging
market. |
| |
| Timeframe |
| These preliminary action steps should take
less than 3 month, depending on your urgency and ability to
deliver your supporting documentation and exhibits. We will
then contact the Lender on your behalf, and begin the negotiation
process. Although most lenders are expected to be overwhelmed,
we expect to be able to come to terms within 90 to 120 days
of initial submittal. Thereafter, we will need around 30 days
to monitor the lender’s progress drafting new commercial
loan documentation, making sure all new terms are included in
new contracts or addendums. Depending on your cooperation and
the cooperation of your lender, the entire process could take
as long as six months. |
| |
|
|
