by Jill Sullivan | Jun 2, 2025 | Bankruptcy, Litigation, Loss Mitigation
When a creditor files a lawsuit to collect a debt, the process doesn’t move straight from filing to judgment. One of the most important stages of litigation is legal discovery. This phase allows both parties to gather evidence, learn the strengths and weaknesses of...
by Jill Sullivan | May 28, 2025 | Bankruptcy, Litigation
When creditors pursue legal action to collect debts, it’s not uncommon for debtors to fight back with counterclaims. These claims, whether meritorious or strategic, can complicate litigation, increase costs, and introduce reputational or compliance risks. Creditors...
by Jill Sullivan | May 19, 2025 | Bankruptcy, Litigation
Timely resolution in debt cases isn’t just ideal, it’s essential for protecting your financial interests. Creditors, particularly those managing a portfolio of delinquent accounts, need efficient tools to recover outstanding debts without unnecessary delays. One of...
by Jill Sullivan | May 16, 2025 | Bankruptcy, Litigation
Entering into a formal lawsuit is a significant decision for any creditor. Filing a complaint involves filing fees, court procedures, and potential counterclaims. Taking the proper pre-litigation steps can improve the likelihood of recovery, reduce costs, and preserve...
by Jill Sullivan | May 16, 2025 | Bankruptcy
When a debtor fails to respond to a lawsuit, a creditor may be entitled to a default judgment. This powerful legal remedy allows creditors to skip trial and obtain a binding court order for the money owed. It is a highly effective strategy when the debtor ignores the...
by Jill Sullivan | May 1, 2025 | Bankruptcy, Litigation
In the world of bankruptcy law, pro se filings—cases where debtors file without an attorney—are increasingly common. While this may appear to simplify proceedings on the surface, the reality is far more complex, especially for creditors. These self-represented cases...
by Jill Sullivan | Apr 29, 2025 | Foreclosure
Foreclosure laws in the United States are anything but uniform. Depending on where a property is located, creditors must navigate a patchwork of state-specific statutes, notice periods, and procedural hurdles. For lenders, servicers, and investors, understanding these...
by Jill Sullivan | Apr 28, 2025 | Bankruptcy
Bankruptcy is a complex legal process that can raise concern, confusion, and plenty of misconceptions—especially among lenders. As a creditors’ rights law firm, Tatman Legal frequently works with financial institutions, servicers, and other creditors who rely on...
by Jill Sullivan | Apr 22, 2025 | Bankruptcy
Understanding Short Sales A short sale occurs when a borrower sells their property for less than the balance remaining on their mortgage, typically with the lender’s consent. This alternative to foreclosure is commonly sought when the borrower faces financial...
by Jill Sullivan | Apr 22, 2025 | Bankruptcy
Watch for in Repeat Filers When a debtor files for bankruptcy once, it often comes as a blow to the creditor’s expectations of repayment. When that same debtor files again—and sometimes again after that—the impact is compounded. Known as repeat filers, these...
