Legal Question in Real Estate Law in Texas

I made a Hard Money Loan secured by real estate to a developer. The developer defaulted and the project went belly up. Can interest and late fees accrue after default? There was no bankruptcy, but there was some fraud by a contractor that made the project fail. In my opinion, the developer was negligent in management and the project should have been completed.


Asked on 4/20/23, 1:18 pm

1 Answer from Attorneys
Richard Bryan Richard Bryan Attorney PC

You’ll have to go see a lawyer face-to-face. The situation is more complicated than can be discussed in email format.

Good luck.

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Answered on 4/21/23, 11:32 am


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