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Financial Institution Law Services

LOAN DOCUMENT PREPARATION AND REVIEW - Loan documents are impacted by complex Federal and State laws and regulations.  The attorneys at Willingham & Coté have expertise regarding representation of commercial lenders in preparation of transaction documents and handling of closings.  Our attorneys are well versed in reviewing and preparing complex Notes, Mortgages, Pledges, Security Agreements, Guarantees, Subordination Agreements and other loan documents. 

LOAN WORKOUTS - Typically, when a commercial debtors begins to have financial difficulties, the first avenue of relief they seek is from their lender.  Drafting Forbearance Agreements and related documents in order to restructure debt requires attention to detail to ensure that the lender's collateral position is not eroded and to protect it from future defaults.  Willingham & Coté, P.C. has continuously and successfully represented lenders through the workout process. 

FORECLOSURES - Residential and commercial real estate foreclosures are an unwelcome but frequent concern for the lender.  Whether it is foreclosure by advertisement or judicial foreclosure, Willingham & Coté, P.C. attorneys have years of extensive experience in handling these legal matters. 

BANKRUPTCY - Although the economy has been strong and growing over the last few years, consumer bankruptcies are at all time records.  Consequently, lenders are besieged with reaffirmations, automatic stay litigation, dischargeability issues, preference claims, and Chapter 13 plan objectives.  Additionally, lenders are still confronted with commercial bankruptcy litigation involving the automatic stay, cash collateral, adequate protection and confirmation.  Willingham & Coté, P.C. is prepared to represent the lender in this complex area of law. 

COLLECTIONS - Speed and efficiency are imperative when handling collection cases.  Typically, the length of time it takes to collect the proceeds of a loan from the debtor is directly correlated to the return to the creditor.  The attorneys at Willingham & Coté, P.C. will quickly and effectively handle District Court, Circuit Court and claim and delivery litigation so as to maximize the creditor's return.



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333 Albert Ave., Ste. 500, East Lansing, Michigan 48823
(517) 351-6200