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.

Administrative Law

We actively defend commercial and industrial clients in matters before the Puerto Rico Department of Consumer Affairs (D.A.C.O.), and in complex claims before the Puerto Rico Electric Power Authority (a.k.a. A.E.E.) as well as the Puerto Rico Aqueduct and Sewer Authority (a.k.a. A.A.A.).

Property Management Support and Notary Services

We provide legal services to property management companies and real estate owners from the drafting of lease agreements, to assistance with the claims process for the breach of real estate commercial leases. We also render notary services involving the sale of real estate properties.

Class Action Litigation

We have successfully represented both plaintiffs and defendants in class action claims in the jurisdiction of Puerto Rico, in consumer insurance claims and claims under the Federal Truth in Lending Act.

Labor Law and Arbitration

We provide assessment and defense in labor disputes as well representation in the arbitration of complex contractual disputes. This includes arbitration of labor, construction, and securities disputes.