Telephone
(210) 690-8000Creditors' rights / San Antonio & Austin
Texas banks call when a credit goes bad.
John R. Resendez has represented financial institutions, and only financial institutions, since 1991. Collections, workouts, bankruptcy, foreclosure and lender liability defense for community banks and credit unions across Texas.
Watchlist
The six files that end up here.
Listed roughly in the order a credit deteriorates. Start where your file sits.
Nonaccrual
Commercial loan collections
The note matured, the borrower stopped paying, and demand did not fix it.
Substandard
Loan workouts and forbearance
The credit is impaired but the relationship is worth saving, on the right paper.
Chapter 11
Bankruptcy creditor representation
The borrower filed. Your lien, your cash collateral and your plan vote are now in play.
Collateral
Foreclosure and lien enforcement
Real property, equipment, receivables or deposit accounts, taken back cleanly.
Contested
Lender liability defense
The borrower answered with counterclaims and named the bank as the wrongdoer.
Examination
Bank regulatory counsel
Examiners, enforcement, and the policy questions that surface between exams.
Position
One side of the table, since the last banking crisis.
John started in the credit department of a San Antonio national bank. He carried that interest in finance through law school at the University of Texas at Austin, where he aimed his coursework at creditor and transactional work, and was admitted in 1991 as the savings and loan collapse was being cleaned up.
His first years were spent representing the Resolution Trust Corporation in enforcement and collection actions. Thirty-five years later the work is the same work: he represents financial institutions exclusively.
That matters on the second call, not the first. A lender that hires counsel who also represents borrowers spends the opening weeks on conflict checks and hedged advice. Here there is one client type and a lawyer who reads a loan file the way your credit officer does.
- EducationJ.D., The University of Texas at Austin School of Law
B.B.A. Finance, The University of Texas at San Antonio - AdmittedState Bar of Texas · W.D. and S.D. of Texas · U.S. Court of Appeals, Fifth Circuit
- MembershipsTexas Association of Bank Counsel (former Board member) · Independent Bankers Association of Texas · Texas Association of Defense Counsel · National Institute for Trial Advocacy
- FirmFounding partner, Fridge & Resendez, P.C.
Coverage
Two offices, one state.
Texas collection, foreclosure and bankruptcy work is statewide practice run out of local courthouses. These are the two markets John works from.
Bexar County
San Antonio
Home office. Bexar County district courts and the Western District of Texas, San Antonio Division.
Travis County
Austin
Travis County district courts, the Western District of Texas, Austin Division, and the state banking regulators.
Next step
Send the file. You will get a read on it, not a sales call.
Describe the credit, the collateral and where it stands. John will tell you what the realistic recovery path looks like and what it costs to get there.