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...
by Jill Sullivan | Apr 14, 2025 | Bankruptcy, Litigation
When a borrower files for bankruptcy, it instantly alters the legal playing field—not just in bankruptcy court but in state courts as well. Creditors with active or pending litigation in state courts often face significant uncertainty about what happens next. Do their...
by Jill Sullivan | Apr 9, 2025 | Bankruptcy
The 341 Meeting of Creditors is a crucial milestone in any bankruptcy case, offering creditors a unique opportunity to question the debtor under oath and protect their financial interests. However, many creditors either misunderstand the purpose of this meeting or...
by Jill Sullivan | Apr 3, 2025 | Bankruptcy
When a borrower files for Chapter 13 bankruptcy, creditors often face significant uncertainties regarding debt repayment. To effectively navigate this process and safeguard financial interests, creditors must thoroughly analyze the feasibility of a debtor’s Chapter 13...
by Jill Sullivan | Mar 30, 2025 | Bankruptcy
Understanding Personal Guarantees and Piercing the Corporate Veil When a business files for bankruptcy, creditors often assume that their chances of recovery have vanished. In many cases, this is true—the corporate entity’s assets are liquidated, and debts are...
by Jill Sullivan | Mar 24, 2025 | Bankruptcy
When a debtor defaults on financial obligations, creditors must act decisively to recover their losses. Two primary legal avenues exist for addressing financial distress: bankruptcy and receivership. While bankruptcy is widely recognized and utilized, receivership is...
