When a company experiences financial distress and files bankruptcy, it can be challenging for creditors to know what their most viable next steps truly are. However, as a business finds solvency during bankruptcy proceedings, creditors can find solutions of their own too. In fact, those who hold claims will discover clarity on their recovery potential by working with our attorneys at DiMonte & Lizak.
Having represented creditors, debtors and bankruptcy trustees our firm has a unique insight on the complexities impacting all sides of the table. Our experience in the realm of debtor-creditor law enables us to create a customized strategy for what our clients need most in a negotiation or litigation setting.
Bankruptcy often deals with looking back to events of the past. At DiMonte & Lizak, our knowledge of creditors’ rights and bankruptcy means we’re building a plan of legal action to help our clients move forward.
Our services covering creditors’ rights and bankruptcy include:
- Representation of debtors and creditors in Chapters 7, 11 and 13 of the Bankruptcy Code
- Representation of borrowers and lenders in loan default and restructuring matters
- Representation of bankruptcy trustees
- Preparation and representation in assignments for benefit of creditors, compositions and other non-bankruptcy insolvency situations
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Articles on CREDITORS’ RIGHTS AND BANKRUPTCY
- Understanding the Illinois Exemption Statute
- Fraudulent Transfers: A lesson in persistence and asset recovery
- Beneficial Changes to Bankruptcy Preference Defenses
- How to Deal With a Preference
- UCC Financing Statements Are Not Impenetrable Shields
- Think Post Judgment Collection Before You Even Enter into the Contract
- Timing is Everything When It Comes to Battling Your Creditors
- Using the Doctrine of Successor Liability to Stop Runaway Debtors
- Willful and Malicious Injuries Not Dischargeable in Bankruptcy
- Collection From Bankrupt Purchaser: Potential For Recovery
- Bankruptcy: Keep your House, Car and Possessions…How?