StepStone will guide you through the complicated process of modifying a distressed loan. We will recommend appropriate strategies, formulate solutions and facilitate formal requests directed to the various approval parties. Stepstone will remain your advocate throughout the process of reaching a constructive outcome concerning:

	Debt restructuring
	Extensions due to loan maturities and inability to refinance
	Interest rate modification
	Changes to amortization schedule of loan
	Adjustment to P & I payments
	Release of lender held reserves or monetary holdbacks
	Partial debt forgiveness or discounted payoffs
	Partial release of loan collateral
	Changes in loan obligors
	Changes regarding prepayment penalties/defeasance