When a creditor files a lawsuit to collect a debt, the process doesn’t move straight from filing to judgment. One of...
Bankruptcy
How to Handle Debtor Counterclaims
When creditors pursue legal action to collect debts, it’s not uncommon for debtors to fight back with counterclaims....
Using Summary Judgment Motions in Debt Litigation: A Strategic Tool for Creditors
Timely resolution in debt cases isn’t just ideal, it’s essential for protecting your financial interests. Creditors,...
Pre-Litigation Steps for Creditors
Entering into a formal lawsuit is a significant decision for any creditor. Filing a complaint involves filing fees,...
What Is a Default Judgment and How to Get One
When a debtor fails to respond to a lawsuit, a creditor may be entitled to a default judgment. This powerful legal...
When Debtors File Without an Attorney: Risks to Creditors
In the world of bankruptcy law, pro se filings—cases where debtors file without an attorney—are increasingly common....
Common Bankruptcy Myths Debunked for Lenders
Bankruptcy is a complex legal process that can raise concern, confusion, and plenty of misconceptions—especially among...
What Is a Short Sale and How Does It Impact Creditors?
Understanding Short Sales A short sale occurs when a borrower sells their property for less than the balance remaining...
Navigating Multiple Bankruptcies: What Creditors Should
Watch for in Repeat Filers When a debtor files for bankruptcy once, it often comes as a blow to the creditor’s...
The Intersection of State Court Litigation and Federal Bankruptcy Proceedings: What Creditors Need to Know
When a borrower files for bankruptcy, it instantly alters the legal playing field—not just in bankruptcy court but in...