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Northern Virginia Bankruptcy Law Firm
Creditors
OUR SERVICES:
Bankruptcy Litigation and Representation Legal Services
When a borrower files bankruptcy, creditors want an attorney with extensive experience in the protection of creditors’ rights in bankruptcy cases. Our office uses our knowledge and experience to strategize to protect your rights in all aspects of complex Chapter 7, Chapter 11 and Chapter 13 bankruptcy matters, including:
- Motions for Relief from Stay;
- Litigating discharge actions;
- Representing creditors and buyers in bankruptcy sales;
- Defending preference, fraudulent transfer and lien avoidance actions;
- Contesting cash collateral motions and plan confirmation;
- Representing lenders in DIP (debtor-in-possession) financing;
- Representing condominium and homeowners associations; and,
- Protecting the rights of commercial landlords
Assignment for the Benefit of Creditors and State Court Receiverships
The cost to liquidate a company utilizing the bankruptcy process can be expensive. As a result, lenders and businesses are looking at alternative options to liquidate, including Assignments for the Benefit of Creditors and state court receiverships. In some of these cases, a third party takes control of the assets or business, liquidates the assets, and resolves claims with the court’s supervision. Courts have the ability to appoint a receiver or fiscal agent for a company, a remedy that creditor’s often pursue.
It is important to have experienced counsel involved to protect your rights as a creditor.
To Learn More About Protecting Your Rights As A Creditor, Contact Our Office at 703-559-6950
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