Distressed Property. Due to the ever changing economic environment, there are always many distressed pieces of real estate. There are many options that an owner has prior to foreclosure that OSBIG can guide them through. Financial workouts, short sales, and deeds in lieu of foreclosure can all be facilitated through the efforts of OSBIG.
Non-Bankruptcy Workouts. This process involves the active participation of OSBIG to negotiate the settlement of debts with the various creditors. These workouts may provide a valuable alternative to certain Debtors who wish to avoid the formality, length, and oversight of the bankruptcy process.