Serving Southeast Michigan For Over 30 Years.

Commercial Foreclosure

O'Reilly Rancilio's commercial foreclosure attorneys represent banks and mortgage lenders in all aspects of foreclosure, including eviction and possession, mechanic's liens, and alternative measures such as workouts and short sales.

Our Michigan law firm has a strong practice in banking law and creditors' rights. We represent community banks and financial institutions in the Detroit area and statewide, as well as nationwide mortgage companies requiring local counsel in foreclosure proceedings in Sterling Heights, Macomb County, and surrounding areas.

The lawyers of O'Reilly Rancilio can advise clients on what these new homeowner protections mean for lenders trying to foreclose on defaulted borrowers. We provide comprehensive counsel and representation in both foreclosure by advertisement and foreclosure by judicial process.

We also assist lenders in complying with the new laws in terms of mandates to restructure loans, issuing notice of default to mortgagees, and proceeding with foreclosure. We have extensive experience in negotiating mortgage workouts. We can also protect client interests in short sales or deed in lieu of foreclosure for lenders willing to absorb the loss.

When necessary, we can handle recovery of real property, including eviction and sales. Our representation includes litigation of priority claims for construction liens against the foreclosed property, which in turn may require action against the title insurer to honor its obligation.

O'Reilly Rancilio attorneys can mitigate lenders' exposure and expedite foreclosure and recovery.



Our commercial foreclosure attorneys are:


Press Room

Jun
17
John Nitz, a founding member of O’Reilly Rancilio P.C. and a lifelong Macomb County resident, was recently named to the Michigan Lawyers Weekly Hall of Fame Class… Read More
Apr
17
Congratulations to O’Reilly Rancilio attorney Sharon DeWaele-Persichini, who was appointed Richmond Township attorney by the Board of Trustees at the April 7, 2020… Read More
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Blog

Jul
1
The U.S. House & Senate Senate passed an extension of the Paycheck Protection Program (PPP), giving small business owners an additional five weeks to apply for a… Read More
Jun
22
Last week the Small Business Administration (SBA) released significant guidance governing the forgiveness of Paycheck Protection Program (PPP) loans, and the release… Read More
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