Foreclosure &
Article 9 Sales

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When a borrower defaults, secured creditors have the right to enforce their liens through foreclosure or Article 9 sales under the Uniform Commercial Code. These remedies allow creditors to sell collateral without court supervision, often recovering more value than in bankruptcy.

CMBG Advisors manages every aspect of the Article 9 process, including:

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• Preparing compliant notices

• Coordinating asset marketing and sale logistics

• Facilitating private and public sales

• Managing buyer diligence and closing logistics

 

We ensure that each transaction is conducted with legal integrity, process transparency, and maximum value recovery.

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Case Study: Industrial Equipment Lender – 

Article 9 Sale

A private lender repossessed collateral from a defaulted borrower in the logistics industry. CMBG coordinated a public Article 9 sale, marketed the assets nationally, and completed a sale that exceeded appraised value by 40%. The lender recovered 95% of the outstanding loan balance and avoided the costs of litigation.

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From strategic workouts to final liquidations, CMBG Advisors is your trusted partner through every phase of business distress.