Creditor Representation in Bankruptcy - FALLON LAW PC
We understand the complexities that arise when a debtor declares bankruptcy. Creditors have rights too, and it's crucial to ensure they are adequately represented in bankruptcy proceedings, particularly in Chapter 11 and business bankruptcies.
Protecting Creditor Rights in Chapter 11 and Business Bankruptcies
Chapter 11 bankruptcy often involves the reorganization of a debtor's business affairs, assets, and debts. Creditors play a pivotal role in these cases, and Brad Fallon and his team are adept at ensuring their interests are front and center.
Our Services for Creditors Include:
Filing Proofs of Claim
We assist creditors in filing timely and accurate claims to ensure they are recognized in the bankruptcy proceeding.
Reviewing Reorganization Plans
In Chapter 11 cases, debtors propose plans to repay their creditors. We meticulously review these plans to ensure they are fair and in our client's best interest.
Negotiating Treatment of Debts
We work diligently to negotiate the best possible treatment for our client's claim, whether that means full repayment, a modified repayment schedule, or a reduced claim amount.
Defending Preference and Fraudulent Transfer Actions
Debtors or bankruptcy trustees might try to recover payments made before the bankruptcy. We defend creditors against such actions to ensure they retain what they are rightfully owed.
Attending Creditors’ Committee Meetings
We represent creditors in committee meetings, voicing concerns, and advocating for their rights and interests.
Objecting to Improper Discharge of Debts
Not all debts can or should be discharged in bankruptcy. We object to any improper discharges, ensuring our clients receive what they are due.
Foreclosure and Asset Recovery
In cases where assets are collateral for a debt, we help creditors reclaim their collateral or proceed with foreclosures.
Experienced Legal Guidance for Creditors
Brad Fallon and the team at FALLON LAW PC are experienced in the intricate realm of bankruptcy law. We recognize the nuances of creditor representation and are committed to providing comprehensive legal support to ensure the best possible outcomes for our clients.
If you believe your rights as a creditor are at risk or want to ensure they're protected in a bankruptcy case, reach out to Brad Fallon of FALLON LAW PC for a consultation. We're here to stand with you.