Assertively Assisting Creditors To Recover Their Debts
In bankruptcy proceedings, the payment of debts follows a priority system. This often depletes the debtor’s funds before they can repay all creditors. Fortunately, there are remedies that creditors can use to maximize the likelihood of recovery.
The attorneys at Cadden & Fuller LLP can work with creditors to discuss available remedies to recover debts. We approach each case analytically, developing a cohesive strategy for optimum recovery. Our team has assisted countless clients to advocate for their rights as creditors.
Prejudgment Remedies Can Increase The Chance Of Recovery
Once a debtor receives a bankruptcy judgment, non-priority and unsecured creditors face a reduced likelihood of recovery. Whenever possible, Cadden & Fuller LLP uses prejudgment remedies to recover debts before the bankruptcy court ever enacts an automatic stay. Prejudgment remedies can also prevent debtors from concealing or dissipating assets through fraudulent conveyance.
We evaluate every appropriate method of prejudgment recovery, including:
- Self-help repossession
- Collateral turnover agreements
- Writ of Attachments
- Temporary restraining orders
- Preliminary injunctions
- Replevin actions
If the debtor does receive a bankruptcy judgment, we take swift and assertive legal action, including litigation, to optimize our clients’ recovery. We also work with clients to develop proactive strategies for debt default.
Excellent Service For Creditors Throughout California
When you work with Cadden & Fuller LLP, you can expect high-quality counsel in all bankruptcy, lending and recovery matters. We also provide:
- Favorable results: On our clients’ behalf, we have achieved countless recoveries totaling millions of dollars.
- Cost-efficient solutions: We discuss the financial implications of every strategy, weighing the costs and benefits with an eye toward cost efficiency.
- In-house financial analysis: We provide convenient, sophisticated and accurate financial analysis with our own in-house team.
Discuss Your Recovery Remedies Today
Contact our office in Irvine to schedule an initial consultation. We look forward to discussing your options and finding a strategy for optimal recovery. To reach Cadden & Fuller LLP, call Cadden & Fuller LLP or send us an email.