Bankruptcy & Creditors Rights

According to American Bankruptcy Institute statistics, the past 10 years have seen an average of 45,000 business bankruptcy filings per year. And in today’s economy it only seems logical that this number is heading in one troubling direction: up.

Lashly & Baer, P.C. provides sound legal services regarding bankruptcy to national, regional, and local commercial lenders, creditors committees and asset purchasers. Our experience covers inventory financing, working capital credit lines and asset-based loan transactions.

It’s also important to note that recently the Bankruptcy Code was substantially changed. This was due to the recent enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act. But it’s reassuring to know that our attorneys have the experience, skill and up to date knowledge to provide you with the highest level of representation.

Related practice areas:

Estate Planning

We regularly handle the following legal issues for our clients:

Adequate protection hearings
Assessment of lenders' options in bankruptcy proceedings
Avoidance powers of trustee and bankruptcy
Cash collateral hearings
Confirmation plans
Creditors committees
Debt reaffirmation
Debtor and creditor rights
Debtor-in-possession plans
Dischargeability of debts
Enforceable protective provisions
Examination of debtor
Exemptions
Foreclosure proceedings
Liquidations
Loan restructuring
Loan workouts
Non-bankruptcy alternatives
Out-of-court workout solutions
Post confirmation issues
Pre-bankruptcy planning
Preferences
Pre-packaged plans
Pre-petition issues
Priorities among conflicting security interests
Proofs of claim
Receivership transactions
Reclamation proceedings
Relief from automatic stay
Reorganization plans
Repossessions
Restructuring
Secured creditors rights
Unsecured creditors rights
Voluntary and involuntary petitions
Wage earner plans
Working capital and fixed asset financings
Workout situations

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