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Brooks F. Bossong

Member

Brooks Bossong focuses his practice on banking law, credit union law, commercial litigation, creditors rights and special assets. Brooks has a statewide practice in which he represents a variety of financial institutions and business lenders in areas involving the workout and restructuring of troubled debt facilities, regulatory issues, and lender liability defense.

When restructuring is no longer a viable option, Brooks handles the prosecution of debt and collateral recovery, including bringing suit in state or federal court. Brooks has significant experience representing clients in investigating asset transfers, pursuing fraudulent conveyance claims, handling foreclosures (as trustee or as lender’s counsel, with significant experience working with complex servicing and participation agreements), representing clients in federal forfeiture proceedings, pursuing prejudgment remedies such as attachment and replevin/claim and delivery, handling the domestication and enforcement of foreign judgments, and pursuing post judgment enforcement via supplemental proceedings. Brooks also advises and assists clients with loan modifications, loan sales, and forbearance arrangements in which clients’ secured positions are re-evaluated and augmented. Brooks regularly advises lenders/servicers on state and federal regulatory compliance issues, including compliance with the Consumer Financial Protection Bureau’s rules relating to mortgage servicing, early intervention, and loss mitigation procedures.

Location

701 Green Valley Road
Suite 100
Greensboro , North Carolina , 27408
United States

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