Ask a Business Lawyer. Get Business Law Questions Answered ASAP.
The bank doesn't own the bank unless you've pledged the trademark as collateral.
If this has not been pledged as collateral, you can still conduct business under your same name.
----Sorry for the typo----
The bank doesn't own the name of your business unless you've pledged the trademark as collateral.
Unless the name is XXXXX XXXXX the lender doesn't own it.
However, if you want to be safe, you certainly have the right to open a new business under a new name and continue on.
If the lender has a lien on your accounts receivable, it is entitled to those funds owed to you.
IF THIS IS THE CASE, you should establish a new business and name with new accounts for customers to stop the lender from continuing to drain these accounts.