Banking & Finance
Effective counsel and a wealth of experience for lenders, borrowers, and financial institutions — providing our institutional and private lender clientele with general counsel, closing, and collection services across every type of financing transaction.
7
Attorneys in this group
50
Years of firm history
8
Property types covered
3
Offices across Long Island
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Counsel for every stage of the lending relationship

Forchelli Deegan Terrana's Banking & Finance practice group provides our institutional and private lender clientele with general counsel, closing, and collection services. We bring effective counsel and a wealth of experience to lenders, borrowers, and financial institutions in finance and general banking matters.

The Firm handles many different types of lender financing transactions — including complex secured, unsecured, leasehold, and construction loans, as well as business loans and lines of credit — across a broad range of properties: residential, commercial, mixed use, industrial, shopping centers, multifamily, co-ops, and condominiums.

On the enforcement side, our lending clients rely on our experience in commercial, residential, and business loan collections, foreclosures, loan workouts, and litigation. We represent mortgage lenders and servicers in all phases of the foreclosure and bankruptcy process, and have successfully prosecuted collection actions in Bankruptcy Court and defended clients in state and federal court on lender liability claims, priority disputes, title issues, usury claims, and surplus money proceedings.

Who We Serve
  • Institutional & private lenders
  • Borrowers
  • Financial institutions
  • Mortgage lenders & servicers
Property Types We Cover
  • Residential, commercial & mixed use
  • Industrial properties
  • Shopping centers
  • Multifamily, co-ops & condominiums
How we help
01
Lender Financing Transactions
Complex secured, unsecured, leasehold, and construction loans, as well as business loans and lines of credit.
02
General Banking Counsel & Closings
General counsel and closing services for our institutional and private lender clientele.
03
Foreclosures & Bankruptcy
Representing mortgage lenders and servicers in all phases of the foreclosure and bankruptcy process.
04
Loan Collections & Workouts
Commercial, residential, and business loan collections and loan workouts on behalf of lending clients.
05
Lender Litigation
State and federal court representation on lender liability claims, priority disputes, title issues, usury claims, and surplus money proceedings.
06
Bulk Loan Sales & REO
Bulk loan sales and the subdivision and sale of post-foreclosure REO properties.
The team behind the practice

Practice Group Chair

Recent activity in this practice

Representative Matters

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Enforcement
Collection actions prosecuted in Bankruptcy Court
Successfully prosecuted collection actions in Bankruptcy Court on behalf of our lending clients.
Litigation
Lender defense in state & federal court
Represented clients on lender liability claims, priority disputes, title issues, usury claims, and surplus money proceedings.
Foreclosure
Mortgage lenders & servicers — all phases
Representation of mortgage lenders and servicers in all phases of the foreclosure and bankruptcy process, including loan workouts.
Transactions
Bulk loan sales & post-foreclosure REO
Bulk loan sales and the subdivision and sale of post-foreclosure REO properties for lender clients.
Talk to the Banking & Finance team
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