Lucas Schneider Publishes on Proactive Risk Mitigation in Colorado Banker Magazine
Denver attorney Lucas Schneider recently published an article for Colorado Banker magazine detailing how lenders can better prevent risk.
In the article, Lucas breaks down how timely communication, strategic reviewing and repairing of loan files and making use of deferral negotiation tools can all help keep the loan relationship strong and prevent complications with borrowers before they arise. He includes relevant case studies that demonstrate the detrimental outcomes of not following these concepts, as well as other helpful reminders for lenders navigating today's complex economic environment.
Lucas writes that all of these ideas boil down to diligence and forethought, and that they help redirect loan situations to a more positive outcome when appropriately applied.
In his practice, Lucas helps clients maximize cost-effective recoveries for creditors, whether on behalf of lenders, utilities, insurers or equipment lessors. He has litigated receiverships and bankruptcies, preference and fraudulent transfer claims, administrative claims, cure payments and exceptions to discharge, from New York to California.