Responding To Bankruptcy Actions
Bankruptcy is a key strategy for consumers to use when they can no longer afford the debts they’ve accumulated. This raises a specific set of difficulties for companies, which can impact your bottom line. Skilled, dedicated legal representation can provide you with the information and representation you need to make wise business decisions.
The attorneys of BDF Law Group, work with large listing companies and smaller private institutions that are creditors in bankruptcy proceedings. They work with clients in Addison, across Texas and throughout the country, pursuing concrete methods to secure their clients’ financial priorities for residential, commercial and automotive loans in bankruptcy. The firm’s high standard of service stands out as a major benefit to clients across the country.
How The Firm Can Help You With Loans In Bankruptcy
Typically, a loan in bankruptcy, such as a mortgage or car loan, is a secured debt. This means that you have the right to property purchased by the loan if you do not receive payment. Additionally, secured loans gain preferential treatment in bankruptcy proceedings.
In these instances of secured loans in bankruptcy, the lawyers of BDF Law Group, represent the institution. They make a case for the share owed to you in Bankruptcy Court, addressing issues including:
- Objections to discharge
- Proofs of claim
- Adversary proceedings
- Post-petition financing
- Debt reorganization
Additionally, car loans, home mortgages and commercial property loans often end up in different chapters of the Bankruptcy Code. Car loans and home mortgages are handled under Chapters 7 and 13, while commercial loans may be a part of Chapter 11.
No matter the chapter of bankruptcy used, the team at BDF Law Group, has the experience and insight to find a resolution for you. Your rights as a lender are extensive and deserve the protections the law can provide.
Skilled. Attentive. Experienced.
When your organization needs the attention of a skilled team with a strong sense of dedication to your case, turn to BDF Law Group. They are ready to get to work and protect your interests through the difficult next steps. Call 972-688-6895 or send an email to find out more.