Welcome to BARS STRATMORE LLP 

 

BARS STRATMORE LLP is a specialized boutique law firm focusing on representing borrowers in the restructuring, modification and loan workouts of commercial real property debt with lenders in the United States. A record of more than $150 Billion of loans bundled into commercial-mortgage-backed-securities, or CMBS, will become due between now and 2012. With new tax rules and guidance from the Treasury Department, now is the time to be pro-active, whether in default or not, in aggressively seeking solutions to a variety of scenarios, including properties that are ‘under water,’ non-performing, where loans are rapidly maturing and where a significant reduction in principal or interest rates make all the difference in the viability of retaining the various commercial properties.

 

With the lenders having little choice but to negotiate in many instances, 2010 is the opportune time to be represented by a legal team with no conflicts of interest and a strong track record in workouts and modifications. Most lenders realize that it is in their best interest to avoid litigation and the cost and expense of foreclosure. It makes good business sense, and meets the new Treasury guidelines, to modify the loans of their borrowers even when they are not in default. The servicer only has to believe there is a “significant risk of default” even if the loan is performing.

 

BARS STRATMORE LLP offers a free initial consultation to make a preliminary assessment of your particular loan position. If we believe we can help you, we will undertake our required due diligence once we have negotiated a legal fee agreement commensurate with the State Bar Rules of California.

 

Our two partners have a combined experience in legal and business negotiations exceeding fifty years. We welcome the opportunity to put that successful experience to work for you, our client, during these very difficult economic times. 

 

                                                                Please contact us at 800-941-0096.

 

© 2010 Bars Stratmore LLP. All Rights Reserved.

PRATICE AREA

Real Estate Law

Commercial Loan Modification

Toll Free Tel 800-941-0096

MAIN OFFICE

101 Larkspur Landing Circle

Suite 321

Larkspur, CA 94939

PARTNERS

Ivars J. Bars

Robert D. Stratmore