Commercial Foreclosures

LeNoir Law Firm Wins $6.425 Million Dollars in Commercial Foreclosure Action

Prior to the pandemic, we settled a commercial foreclosure action for $6,425,000.00.  It was a seller-financed transaction, meaning that the buyer “borrowed” the money from the seller to purchase the property (no money was actually exchanged) and gave the seller a mortgage and signed a promissory note.  No bank was involved.  We never represent banks.  … Read more

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