Real Estate. Pete Zemanian is recognized as an authority on the strategic and mechanical procedures for foreclosing real estate in Virginia. He has produced a number of CLE-related outlines on Virginia foreclosures and is a regular speaker on this topic. His foreclosure experience includes major office buildings, industrial facilities, hotels and restaurants, apartment complexes, residential and commercial developments, shopping centers, assisted living facilities, agricultural property and raw land. Depending upon the requirements of the client, we are available to serve as foreclosure trustee, as counsel for the foreclosing party, as special counsel for purposes of attempts to enjoin a foreclosure and as counsel for prospective bidders. 

    Personalty. Foreclosure of liens in tangible or intangible personal property is also governed by statute, the provisions of which were overhauled in 2001. We are fully familiar with all requisites for conducting secured party sales, either public or private, or for the retention of collateral in full or partial satisfaction of the secured indebtedness. Our experience in secured party sales includes vehicles, office furniture and equipment, heavy construction equipment, a variety of industrial products, commercial paper, and various intangible rights and interests. We are again available to provide our expertise as counsel for the foreclosing party, as counsel for the debtor seeking to resist a secured party's sale or as counsel for a prospective bidder.