Article 9 Foreclosure Expertise

You may be a trustee for a debt instrument that is not performing or a holder of a loan for which bankruptcy or other avenues of collection are not a practical solution. You may be looking to sell your position in the loan quickly. Perhaps you have a situation that requires an independent party to run a cost-effective and commercially reasonable independent sale process, so that you can fulfill your fiduciary and legal duties and/or exercise your remedies under the terms of your agreement. Hilco Global is your solution.

Who We Are

FINRA Registered M&A Advisors

Running Foreclosure Processes

We have significant foreclosure expertise and assist our lender clients and interested parties in navigating that landscape for the best possible outcome. We run efficient and commercially reasonable sale processes for secured lenders looking either to foreclose on or to liquidate collateral in every asset class, from operating businesses to piecemeal assets including real estate, machinery and equipment, accounts receivable, intangible assets and inventory.

Nimbly Providing Capital Solutions

We are uniquely positioned to serve as a trusted source of capital for lenders who may look to mitigate risk where immediate liquidity is required in lieu of tackling the foreclosure process. This can be accomplished through either the acquisition of the collateral or the debt instrument itself.

Purchasing Assets Out of Foreclosures

Hilco offers solutions to sellers across the asset spectrum. We are well known for buying commercial and industrial and retail assets as part of bankruptcy sales, and bring to bear the same valuation expertise and ability to move quickly when purchasing assets out of Article 9 foreclosures.

Hilco Global-Run Foreclosure Process

Whether lenders seek to conduct a commercially reasonable process before taking back their collateral, want to run a value-maximizing process with the goal of liquidating their position, or plan to use a sale process to determine which path to take, Hilco Global can assist. A Hilco-run process allows a foreclosing lender to feel confident in the commercially reasonable nature of a sale process, and allows the lender’s counsel to focus on legal advice and documentation with respect to the sale.

What We Do

We are experts at running commercially reasonable processes and maximizing value

We work with counsel to develop notice materials, including notice of sale and publication notice, and work directly with print and digital newspapers and trade publications to publish notice.
We bring to bear an extensive database of contacts and a unique approach to ensuring that we connect with the logical potential buyers and also those parties that others may have overlooked.
We know what potential buyers want to see in a deal, and we work with the lender and, in certain cases, the borrower, to ensure we provide potential buyers with the diligence they need to get comfortable placing a bid.
We develop reasonable procedures for bidding and conduct of the auction. Having conducted hundreds of auctions, we are capable of qualifying potential buyers and can make recommendations with respect to structure and ensure that the lender maintains flexibility with respect to the auction.
We spend considerable time thinking about how to package the assets, either as a bundle or as subsets.
We will testify regarding the process, if called upon to do so, and have provided testimony in numerous state and federal courts in support of processes we have conducted.

Experts at Running Foreclosure Processes, Providing Capital Solutions for Lenders, and Buying Assets Out of Foreclosures