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Bankruptcy, Insolvency & Creditors' Rights
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As businesses and individuals experience financial difficulties, both they and their creditors need to assess their options and implement strategies to resolve the situation, whether by turnaround, restructure or liquidation. Axley's bankruptcy and insolvency attorneys have the knowledge, experience and skills to help clients analyze financially stressed situations and advise as to options and creative strategies that are most likely to achieve the clients' goals.
The firm's practice is concentrated in the representation of creditors in workout situations, state court proceedings (including Chapter 128 Proceedings) and bankruptcy court. Each situation needs to be reviewed with the client in order to evaluate the various options available and the likely costs, risks and benefits of those options.
Services include:
- File reviews to determine the rights and potential concerns related to the particular transaction
- Consultation regarding available options
- Litigation services, in state and federal courts, including foreclosure, replevin, lender liability, preference, fraudulent conveyance and collection matters
- Negotiating and drafting Forbearance Agreements
- Negotiating and drafting pleadings related to Voluntary and Involuntary Chapter 128 proceedings
- Negotiating and drafting bankruptcy related pleadings including relief from stay, objections to discharge, adversary proceedings and Cash Collateral Agreements
- Review and advise related to Chapter 11, Chapter 12 and Chapter 13 Bankruptcy cases, including proposed Plans of Reorganization
- Providing advice to attorneys who do not specialize in insolvency and bankruptcy related issues
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