Consulting Services

BEST Solutions: Business empowerment and strategic turnaround

Debt Elimination

RISE Solutions: Commercial debt settlement & restructuring

Defaulted Mortgage Debt Resolution

Defaulted mortgage debt can be resolved using a variety of strategies. Second Wind’s solutions have saved thousands of businesses, and our experts can help you determine which is the best path for yours.

In instances where the liquidated value of the real estate is less than the current mortgage, foreclosure is not an efficient or fruitful collection process for the secured lender. The process amounts to a lose-lose, as it costs time, money and resources for the bank while the borrower no longer benefits from the use of the property. Second Wind can arrange a third-party purchase of the building at a discounted price that still nets a better return for the bank while keeping the door open for a lease back to the business for its continued use.

In other cases, the lending bank may take possession of the property through a deed in lieu, for example, but will also allow its tenants to remain as lessees. As unlikely as it sounds, banks do this because occupied buildings are more valuable than empty ones.

Knowing the options for mortgage debt resolution is critical to the health of your business. Second Wind can help you be proactive and approach your lender with a comprehensive plan to assure success.

Yes, resolve business debt.

Find out more about the rational and ethical path to preserving the value of your business and resolving unsupportable debt.

Here’s what will happen next:

  • Initial Assessment

    We'll contact you for an initial fact-finding conversation to assess your situation.

  • Full Debt Consultation

    We'll schedule a no-obligation, one-hour consultation with a RISE Debt Resolution Strategist within 24 hours.

  • Know Every Option

    You decide the path that is in your best interest.

    • Your information is confidential and will not be shared with outside parties, see our Privacy Policy. By submitting this form you agree to our Terms of Service.

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