Bankruptcy Creditor Representation

At Ashford-Schael LLC, we understand the unique interests, rights and remedies of creditors in bankruptcy cases. We represent creditors in Trenton, Newark and Camden, New Jersey and in Bankruptcy Courts across the U.S. Our goal is to maximize your recovery on debts owed to you.

Who We Work With

Ashford-Schael LLC works with a variety of different types of creditors including:

Secured Creditors

At Ashford-Schael LLC we understand the unique interests, rights and remedies of secured creditors in bankruptcy cases, including protecting and preserving the value of collateral, seeking relief from the automatic stay, and obtaining adequate protection payments. Secured creditors such as banks, financial institutions, equipment financiers, need an experienced bankruptcy attorney to protect their interests and maximize return on their claims. We represent secured creditors in all phases of bankruptcy cases from pre-bankruptcy negotiations through post-confirmation compliance with Chapter 11 plans.

At Ashford-Schael LLC, secured creditors get individualized attention to their matters and prompt easy access to their attorney. Our size allows us to provide cost effective representation without sacrificing quality or bankruptcy expertise.

Landlords​

Ashford-Schael LLC represents commercial landlords in Chapter 11 and Chapter 7 bankruptcy cases. Commercial landlords have enhanced rights and protection in bankruptcy cases and debtors are required to continue to pay rent and perform obligations under a commercial lease after a bankruptcy is filed. Prior to assuming a commercial lease, debtors are required to cure all monetary defaults, compensate for actual pecuniary losses and provide adequate assurance of future performance. Ashford-Schael LLC protects and enforces these rights for landlords both with consensual arrangements with debtors or trustees and enforcement proceedings in the Bankruptcy Court.

Vendors And Suppliers

Ashford-Schael LLC represents suppliers and vendors in Chapter 11 and Chapter 7 bankruptcy cases. Suppliers of goods have certain enhanced rights and remedies in bankruptcy cases. Suppliers who deliver goods to a debtor within certain time periods prior to the debtor filing for bankruptcy may be entitled to an enhanced claim with priority payment over other unsecured creditors. Suppliers may also be able to seek reclamation of goods in shipment when the bankruptcy case is filed. As a supplier, it is important to immediately contact an experienced bankruptcy attorney if your customer is delinquent or shows other signs of credit risk.

Unsecured Creditors

Ashford-Schael LLC represents unsecured creditors in Chapter 11 and Chapter 7 bankruptcy cases. No matter how large or small the claim is, Ashford-Schael LLC has the experience and flexibility to respond to clients’ changing needs. The representation might begin with filing a proof of claim, monitoring the progress of the bankruptcy case and likelihood of distribution, and providing information. As the bankruptcy case progresses, the client might require more extensive legal representation, including defense of a preference or fraudulent transfer action.

For Representation In Bankruptcy Cases and Related Litigation, Contact Ashford-Schael LLC

When you need experienced representation to protect your financial interests against bankrupt debtors, you need to turn to a firm you can count on. Contact us to schedule a free consultation by calling 908-466-5505 or sending an email using this form.