BANKRUPTCY PRACTICE AREAS

Bankruptcy - We represent individuals and commercial clients in bankruptcy proceedings. At the core of our nation's bankruptcy laws is the notion that honest, financially strapped citizens should be given the opportunity for a "fresh start" in life. Bankruptcy holds out a promise to the debtor of "a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of pre-existing debt." We bring experience, skill, and creativity to the highly complex area of bankruptcy law. Our firm has the capacity and flexibility to handle every type of bankruptcy proceeding. We represent both debtors and creditors in the following matters:

• Chapter 7 liquidations
• Chapter 13 reorganizations
• Foreclosures
• Repossessions and replevins
• Judgment avoidance
• Workouts and debt restructuring
• Security interests
• Pre-packaged plans
• Cram-down litigation
• Litigation involving leases and contracts
• Debtor-in-possession financing
• Cash collateral stipulations
• Asset sales
• Valuation proceedings
• Automatic stay litigation
• Involuntary petitions
• Bankruptcy appeals

Consumer Debt Counseling/Bankruptcy Alternatives -  Bankruptcy is not the answer for every situation involving seemingly insurmountable debt. We counsel debtors, creditors, and other interested parties and advise them of all available options, including out-of-court workouts. Our attorneys take a practical approach to bankruptcy and creditor/debtor law, recognizing the cost and risk of litigation, and the significant value of a speedy resolution of disputes. We begin with a thorough review of the loan, sale, or lease transaction involved, analyzing credit and collateral risks, the possibility of counterclaims, defenses, and the likelihood of a timely and cost effective litigation remedy. Our attorneys then develop and implement a litigation strategy, while simultaneously pursuing reasonable negotiated settlements. We believe that our approach of pursuing both litigation and appropriate negotiation strategies, maximizes benefits to clients, while reducing both legal expense and litigation risks.