Creditor Representation
A creditor in a bankruptcy proceeding is any party who is owed money by the debtor upon the filing of a bankruptcy case for an individual or business. The creditor is normally alerted of the case upon receipt of a Notice of Commencement from the Bankruptcy Court or once a Suggestion of Bankruptcy filed in the pending state court action. This is the time to contact an experienced bankruptcy attorney for advice on what should be done.
LEGAL SOLUTIONS FOR FINANCIAL PROBLEMS
Why Creditors Need Representation
A bankruptcy notice from a Federal Bankruptcy Court can be an alarming experience for any creditor or lender. Fears of expensive sanctions resulting from accidental violations of the automatic stay and questions about the future ability to collect on the debt owed are natural first responses to any notice from a bankruptcy court.
Roberts Law, PLLC specializes in creditor representation in chapter 7, chapter 13, and chapter 11 cases. Bankruptcy is not an inuitive process and it is important for a creditor to have an experienced bankruptcy attorney to provide guidance through the bankruptcy process in order to regain access to collateral, or in the alternative, to maximize the payment of the outstanding debt tied up in bankruptcy.
Creditor Representation Services
Roberts Law, PLLC offers the below creditor representation services:
- Review and analysis of the bankruptcy petition, schedules, and docket
- Representation at the meeting of creditors
- Requesting relief from the automatic stay
- Filing proofs of claim
- Filing adversary proceedings to challenge the dischargeability of debt
- Seeking adequately protect payments
- Establishing secured status and the extent the debt is secured by the value of collateral
- Evaluating plan’s proposed by debtors and/or creditors
- Filing objections and opposition in the case as needed
- Petitioning for a dismissal of the bankruptcy
- Monitoring ongoing bankruptcy cases
