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

Mar
16
The municipal law attorneys at O'Reilly Rancilio have developed a team to respond to questions that local government officials may have during the COVID-19 crisis. Read More
Feb
21
Michigan Lawyers Weekly has named O’Reilly Rancilio attorney Marc Kaszubski to its Leaders in the Law Class of 2020. Kaszubski is one of only 30 honorees selected… Read More
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Blog

Apr
1
As every business has been affected by the Covid-19 crisis, you should seriously consider a loan through the federal government’s Paycheck Protection Program, whic… Read More
Mar
31
On March 27, the federal government passed the Coronavirus Aid, Relief, and Economic Security “CARES” Act which is meant to, among many other things, sup… Read More
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