CREDITORS' RIGHTS IN
BANKRUPTCY
Lang Baker & Klain
represents construction project owners, general contractors, subcontractors and
construction suppliers in collections matters and in cases in which their
debtors file for bankruptcy protection. We also are experienced in representing
secured and unsecured commercial lenders.
When a company files for
bankruptcy protection and tries to discharge or reorganize its debts, the result
can be devastating for its creditors. An automatic stay in bankruptcy can
suspend your collection efforts, but it does not mean the end of your claim.
Lang Baker & Klain attorneys
have represented many creditors, in construction and other industries, that:
-
seek relief from the
automatic stay, and
-
face
preference
claims arising from payments received from a debtor prior to the
debtor’s filing of a bankruptcy petition.
Collections. If it
is necessary to sue to recover on lien claims, bond claims, unsecured commercial
receivables or retail receivables, or any other amount due, Lang Baker & Klain’s
collection attorneys have the Arizona trial experience to effectively litigate
most collection claims. ■
