Creditor’s Rights and Bankruptcy
Your Accounts Receivable can be a wonderful asset until it becomes clear that you may never actually receive anything. You have enough to worry about running your business, why worry about running down customers that have not paid? What happens if your customer files for bankruptcy, either personally or for their company? For even the largest companies, an unpaid account can start a domino effect that makes it more difficult for you to pay your debts and employees.
The variables of bankruptcy may change depending on the type of bankruptcy your debtor filed. Our attorneys at The Burd Law Firm, have previous experience representing thousands of debtors in state court and in Chapter 7, 11, 12, and 13 bankruptcy proceedings. We know debtors’ goals, strategies, and the law. This is why The Burd Law Firm, can effectively represent you and your business when pursuing your debtors. Whether a large financial institution or a small business, our experience will help secure and possibly recover your assets from those in bankruptcy. Some areas we can assist our clients include:
- Foreclosures
- Chapter 7, 11, 12, & 13
- Financial Institution Representation
- Workouts/Forbearance Agreements
- Collections/Note Default Litigation
- Other State & Federal Collection Litigation
Let The Burd Law Firm, help you and your business. Call (423) 777-6116 to schedule your consultation with us today.