CDC Servicing and Liquidation Action Matrix
… of claim against standby creditor X Assumption or Sale of Loan ‐ Chapter 11 PCLP CDCs Non-PCLP CDCs Allow … Take "No Bid" position at senior lienholder's foreclosure sale X X Exercise redemption rights using Treasury check X X Collect excess proceeds from foreclosure sale on behalf of SBA Classifying Loans in Liquidation ‐ …