by Jill Sullivan | Jan 22, 2025 | Bankruptcy
When debtors file for Chapter 13 bankruptcy, it initiates a structured repayment plan designed to pay creditors over three to five years. While the process is debtor-driven, creditors have significant rights and responsibilities in ensuring their claims are accurately...
by jillsdigital | Jan 16, 2025 | Bankruptcy
In today’s mobile society, it’s increasingly common for debtors to have assets or obligations spread across multiple states. Cross-state bankruptcies present a unique set of challenges for U.S. creditors, requiring them to navigate differences in state laws,...
by Jill Sullivan | Jan 13, 2025 | Bankruptcy
When a debtor files for bankruptcy, creditors often face uncertainty about whether they will recover their debts. Reaffirmation agreements provide a critical mechanism for creditors to retain their rights to repayment, particularly in Chapter 7 bankruptcy cases. This...
by Jill Sullivan | Jan 6, 2025 | Bankruptcy
The bankruptcy landscape is constantly evolving, shaped by changes in economic conditions, legislative updates, and judicial interpretations. As a creditors’ rights law firm, staying informed about these developments is essential for effectively protecting...
by Jill Sullivan | Dec 20, 2024 | Litigation
In the world of debt disputes, creditors often face the complex challenge of recovering funds while navigating the legal system. Litigation, while a last resort in many cases, is sometimes the only viable path for resolving disputes. However, success in litigation...
by Jill Sullivan | Dec 11, 2024 | Eviction, Foreclosure
Eviction moratoriums have been one of the most discussed topics in the real estate and property management sectors, especially in the context of the COVID-19 pandemic. These temporary bans on evictions have placed significant pressure on landlords, property owners,...
by Jill Sullivan | Dec 10, 2024 | Eviction
Evictions can be one of the most complex and stressful parts of managing multi-unit residential properties. For creditors—such as property owners, managers, or landlords—it’s crucial to understand the intricacies of the eviction process to ensure they are not...
by Jill Sullivan | Dec 1, 2024 | Bankruptcy, Foreclosure
When a borrower files for bankruptcy in the midst of a foreclosure, it adds layers of complexity to the foreclosure process for creditors. Bankruptcy laws provide certain protections for borrowers that can halt or alter foreclosure proceedings, often leaving creditors...
by Jill Sullivan | Nov 5, 2024 | Foreclosure
Foreclosing on commercial properties involves a unique set of challenges and legal considerations distinct from residential foreclosures. Commercial foreclosures often involve higher financial stakes, complex property structures, and tenants or business operations...
by Jill Sullivan | Nov 5, 2024 | Foreclosure
The foreclosure process can be complex and fraught with challenges for creditors seeking to recover outstanding debt. When borrowers default on loans, creditors often face two primary pathways to secure their interests: judicial foreclosure and non-judicial...