The Workout and/or Settlement Agreement – Twenty Five Must Have but Often Forgotten Provisions

Sessions

Using a Bank or Law Firm’s standard/boilerplate Workout, Settlement, Forbearance, Modification and/or Repayment Agreement can be costly either by limiting your options in the event of default or exposing yourself to potential liability. Have you properly addressed Forgiveness of Debt/1099c, the One-Action Rule, limiting your ability to sell or assign the note, incentive and discount clauses, claw-back provisions, liquidated damages, discretionary conduct, etc. The presentation will focus on a common-sense and practical approach to creating an agreement that covers all the bases.

SPEAKER:
Barry Smith
Attorney
Buchalter APC