Creditor’s Rights Litigation
Fortuño & Fortuño Fas, CSP represents most of the leading financial institutions in Puerto Rico and the U.S. Government in collection and judicial foreclosure proceedings involving:
- Real estate secured loans
- Commercial line of credit agreements
- Unsecured commercial loans
- Personal loan agreements
- Equipment lease agreements
- Conditional sales contracts of construction equipment.
We’re proud to be an approved counsel for the Federal National Mortgage Association (a.k.a. Fannie Mae) and the Federal Home Loan Mortgage Corporation (a.k.a. Freddie Mac) in numerous collection and judicial foreclosure proceedings in which either investor holds an interest in property. We also represent creditors before the U.S. Bankruptcy Court in claims arising from consumer, commercial, and U.S. Government loan obligations.
Our firm’s bankruptcy experience and workload results in the handling of a substantial caseload of claims for relief from automatic stay and for adequate protection, objections to confirmation, injunction proceedings, creditor defense in “cram down” disputes and for alleged violation of automatic stay, adoption or rejection of executory contracts, cash collateral disputes, avoidance actions, among other issues arising in Chapter 7, 11, 12, and 13 bankruptcy cases. In addition, we represent several U.S. Government agencies in their claims for special rights, privileges, and obligations under to the Code of Federal Regulations.