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

Jan
20
Mark Breaugh joined the O’Reilly Rancilio legal team as an associate on Jan. 18, 2021. Mr. Breaugh is part of the firm’s litigation and disputes practice group.… Read More
Dec
28
2020 was undoubtedly a memorable year that was full of unprecedented challenges for everyone. As the world perseveres through the COVID-19 pandemic, the legal team a… Read More
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Blog

Jan
20
A law, signed into effect in October of 2020, amends the Commercial Rehabilitation Act and the Commercial Redevelopment Act so that the granting of property tax abat… Read More
Jan
14
You may be years away from the transferring of your business to the next generation. Advanced planning provides you with more options and flexibility, resulting in a… Read More
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