Bankruptcy Law Attorneys
In general, individual bankruptcy filings are not challenged by creditors and do not require a lot of in-court litigation to proceed. Once forms are properly filed and a trustee is put in place the process of a bankruptcy usually follows either a repayment plan or a standard process of asset recovery and proceed distribution. However, in the case of business and corporate bankruptcy filings, bankruptcy litigation is quite common and revolves around unpaid debts, accounts receivables, and the rights of investors. These issues are usually not of much importance in the processing of a bankruptcy filed by individuals but in rare occasions there are challenges made to a bankruptcy filing by individuals and companies who may have an interest in the property or assets of a bankruptcy filer.
Defend yourself against claims with an experienced bankruptcy attorney
As with any type of litigation, bankruptcy litigation is a detailed process and is defined by many laws and regulations. Understanding the filings of an individual or company and how to defend one’s self against legal suit is nearly impossible in today’s courts without aid. A bankruptcy attorney will usually have experience in bankruptcy litigation and can help a filer defend themselves against claims as well as to file suit when necessary. The straight forward nature of bankruptcies can quickly become complicated if creditors take issue with an individual’s bankruptcy filing, so in many cases the best way to defend against bankruptcy litigation is to make sure all forms and applications or thorough and correct to begin with.
Prevent bankruptcy with a strong team of negotiators
In the case of businesses, there are often many individuals and companies who have financial interest in the resolutions of a business’s debts and suits being filed is quite common. Interested parties may seek to prevent bankruptcy proceedings to protect their own payments as well as their interest in a company or company owned property. Resolving outstanding debts and assets held by a company prior to bankruptcy also often plays a key role in preventing bankruptcies and many pieces of litigation are often filed prior to and during bankruptcy in attempts to prevent bankruptcy and collect on past due debts.
Experienced bankruptcy services
At the Norton Law firm, we are all experienced bankruptcy lawyers, experienced in all types of bankruptcy law and litigation. If you are considering bankruptcy or have pending bankruptcy litigation filed against you, we can help. Contact one of our experienced attorneys to learn more about what we can offer our clients and which services we can offer you.
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