Creditors Rights
Yes, creditors do have rights too, and our firm has experience in representing all types of creditors.
The bankruptcy process is designed, in the interest of fairness, to classify creditors based upon the specific type of debt owed to them by the bankruptcy debtor. Secured creditors, i.e. those creditors who hold a lien on collateral to secure repayment of the debt owed them, are typically in the strongest position. "Administrative," "Priority Unsecured," and Special Class" creditors also receive preferential treatment. "General Unsecured" creditors hold the lowest priority.
Regardless of the type of claim you hold, we will be happy to consult with you and offer realistic advice regarding the course of action that will best protect your interests and maximize any potential recovery of your claim.
To learn how Michael S. Mitchell, PC can help you, schedule a free initial consultation to discuss your specific situation.

