Protecting the Rights and Interests of Creditors in Uncertain Times
In today’s volatile economy, much attention has been given to the challenges individual and business debtors face in living up to their obligations and abiding by the terms of their loans. At the level of the state and national media, little mention is made of the plight of small banks and mid-sized lenders whose business position and profitability have come under increasing pressure in these difficult times.
At Parker, Pollard, Wilton & Peaden P.C., our practice in bankruptcy law is focused exlusively on protecting creditors’ rights. The bulk of the cases we handle are commercial in nature but our attorneys will handle situations in which residential property has been used as collateral.
In the area of creditors’ rights, we offer a wide range of services, including:
- Clarifying title issues in order to move into foreclosure
- Obtaining a leave from stay
- Handling foreclosures for institutional lenders (shopping centers, duplexes, builder’s lots, etc.)
- Enforcing loan terms
- Representing banks in small business loan collections, mostly at the circuit court level
- Obtaining decrees from the Bankruptcy Court that a bank’s claims against a debtor are nondischargeable in bankruptcy due to fraud or misrepresentation
- Representing institutional creditors in connection with the confirmation of (or objection to) a debtor’s plan of reorganization
The lawyers of Parker, Pollard, Wilton & Peaden P.C. bring two distinct benefits to clients in creditors’ rights issues: Personal attention and extensive litigation experience. Unlike some larger, impersonal law firms, the team at Parker, Pollard, Wilton & Peaden P.C. is dedicated to offering strategies and solutions that are custom-tailored to the specific needs of our clients. Our attorneys’ litigation experience translates into both efficient, thorough protection of creditors’ rights and an ability to advocate our clients’ interests forcefully in court, if necessary.