Ellias & Elias, P.C. has extensive experience in negotiating work out arrangements, forbearance agreements, as well as obtaining new financing for a full range of business and real estate clients during these challenging economic times. We have been involved in restructuring debt in excess of $500 million for clients with lenders in Michigan and throughout the United States.

The following are examples of some of the Lender and Workout Law related services which Ellias & Elias, P.C. has provided our clients in the past:

  • Successfully negotiating release of personal liability for individual guarantors/owners of residential condominium development.
  • Negotiating numerous workout agreements for real estate developers with debt in excess of $100 million.

Contact Frank J. Ellias, Jane Elias or David J. Ingber to discuss how Ellias & Elias, P.C. can assist with your Lender and Workout needs.