• For any Variety of Reasons or Circumstances, There Will Always be 'Problem, Criticized, or Classified' Loans
• The Root Cause for Credit Deterioration May Come from the Debtor's Operations, Market Conditions, Competition, or Management's Decisions
• Maybe the Issues Were Exasperated by Weak (Creditor) Credit Risk Management Practices
Credit Policies, Risk Ratings, Monitoring Reporting
• Disclosable Loan Modifications (DLM)
• Creditor Due Diligence, Workout and Forbearance Agreements, Liquidation, Bankruptcy, Self-Dealing
• Notice of Default
• IMPORTANCE TO YOU - When it's too hot in the kitchen, people scatter; the creditor will then call the shots. Develop your workout plan. You should make every effort to repay you loans in good faith