For an article about banking industry issues, trends and innovations to watch in 2021, Az Business called on Lamar Hawkins for insights related to credit risk. Lamar encourages readers to stay attuned to changes in the economic sector that may impact their lending portfolios.
Stressing the need for lenders to anticipate potential risks and find ways to shrink their portfolios in less desirable markets, Lamar provides examples of difficulties borrowers may encounter that will affect their ability to make payments next year.
One of Arizona’s leading commercial bankruptcy attorneys, Lamar helps businesses and individuals resolve their most pressing financial issues. His practice focuses on all phases of commercial and consumer debt workout, bankruptcy services, financial workout negotiation, creditors’ rights and bankruptcy-related tax issues.