Open Mic Night: How To Handle Non-Responsive Borrowers

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Manage episode 238874266 series 2464830
By Gail Anthony Greenberg & Chris Seveney, Gail Anthony Greenberg, and Chris Seveney. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

The relationship between lender and borrower can sometimes become complicated especially when the latter forgets his or her dues. Gail Anthony Greenberg and Chris Seveney with guest host Jake Greenberg talks about the different kinds of non-responsive borrowers, those who have stopped paying for months since the initial payment. As they share a situation with a client who hasn’t been paying his dues to them, they also give advice on being careful that you’re not predatory lending when filing a lawsuit against somebody. They also touch on cash for key deals and how to get borrowers to comply with city rules or code violations.

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