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The Role of a Creditors’ Rights Law Firm in Bankruptcy Cases

Filing for bankruptcy offers debtors a degree of protection from the collection of unsecured debt. However, as a creditor, you may wonder how to protect yourself and recover your money when one of your debtors files for bankruptcy. The good news is that you still have rights when it comes to secured debt. Hiring a creditors’ rights attorney can help you understand what options are available to you.

What Is a Creditors’ Rights Attorney?

A creditors’ rights attorney is a lawyer who is well-versed in the complexities of bankruptcy law and focuses on protecting and advocating for creditors’ interests. One of the primary goals of creditors’ rights lawyers is to ensure that their clients can recover the maximum possible payment from the debtor.

The creditors’ rights attorneys at Crawford & von Keller, LLC d/b/a Crawford & von Keller, PLLC in North Carolina, represent clients in industries such as:

  • National and regional banking
  • Automotive loans
  • Credit cards
  • Business loans
  • Personal loans
  • Private student loans
  • Mortgage loans

Here are some benefits of hiring an experienced lawyer to advocate for your rights during a bankruptcy case.

Advising You on Your Legal Options

Gaining a full understanding of your legal options is one of the most vital steps you can take when a debtor files for bankruptcy. A skilled attorney can help you assess your situation and act to exercise those rights. For example, the legal team at Crawford & von Keller, LLC, can:

  • File a proof of claim stating the amount of money the debtor owes your organization
  • Challenge whether the debt is dischargeable
  • File any necessary objections to the debtor’s proposed reorganization plan
  • File to life the automatic stay as to any collateral securing your loan

Your options will vary depending on the details surrounding the particular debt you are seeking to collect. Speak to an experienced creditors’ rights attorney to learn more about your options.

Protecting Your Interests During Bankruptcy Proceedings

Because bankruptcy filings often emphasize the debtor’s rights, hiring a dedicated creditors’ rights attorney can help protect your interests during the proceedings. Our attorneys can:

  • Challenge the debtor’s undue claims of exemptions or protections that reduce their payments to you
  • Negotiate with the debtor’s attorneys or other creditors to establish the most favorable arrangement for your organization

Representing You in Bankruptcy Litigation

Bankruptcy litigation and court hearings can be confusing and overwhelming for anyone unfamiliar with bankruptcy law. The creditors’ rights attorneys at Crawford & von Keller, LLC, can guide you through the process. Our legal team understands how the North Carolina and South Carolina bankruptcy court systems work, so you do not have to worry about misunderstanding the proceedings or missing any filing deadlines.

Contact Crawford & von Keller, LLC

Hiring an experienced creditors’ rights attorney is one of the most effective steps you can take to protect your interests and seek the maximum possible payment from a debtor who has filed for bankruptcy.

The seasoned legal team at Crawford & von Keller, LLC, will use our knowledge and experience in bankruptcy law to advise, negotiate, and litigate on your behalf. Our lawyers have extensive experience practicing law in every jurisdiction throughout the Carolinas. We dedicate ourselves to providing our clients with personal service and individual attention every step of the way.

If you want to learn more about your rights as a creditor or how our team can help you, call us today at our offices in Wilmington or fill out our online form. We look forward to putting our experience, knowledge, and attention to detail to work for you.

Creditors’ Rights

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