Protecting The Rights Of Creditors
When an individual or business does not pay its debt, attorneys can become involved to collect the debt. Creditors’ rights are the procedural provisions made to protect the ability of creditors to collect the money that they are owed. These provisions include garnishing a debtor’s wages and the ability to put a lien on a debtor’s property. A creditors’ rights attorney protects the rights of creditors, settles disputes between creditors who are trying to collect, and can help facilitate negotiations to ensure a fair outcome. Having a creditors’ rights attorney to help guide you through the process will increase your chances of getting back your money.
Experienced And Aggressive Creditor Representation
The Fort Lauderdale creditors’ rights law firm of Michael L. Feinstein, P.A., represents creditors across South Florida. Our attorneys have in-depth knowledge of creditor law based on over 30 years of experience and continuous legal education. Our creditors’ rights attorneys are highly qualified to reach favorable settlements for our clients in the most effective and efficient manner.
The lawyers at our Fort Lauderdale-based law firm can help you with many creditor issues such as:
- Determining the creditor financial return
- Debt collection cost-benefit analysis
- The active assertion of claims
Understanding The Cost-Benefit Analysis
The most important determination in the representation of creditors is deciding what debt is worth pursuing. A creditor would be better off without any representation than to pay more money for representation that is received back. The firm directly addresses the issue of cost-benefit analysis with creditor clients in deciding how much representation a client will reasonably need. This analysis is affected by the nature of the debt situation, liquidation or reorganization. The attorneys at our Fort Lauderdale firm can advise and assist creditors in regard to the available remedies and in deciding which activities are worth pursuing and what expenses are worth incurring.
Let Us Protect Your Creditors’ Rights
Our firm will fight on behalf of your business and help obtain your fair compensation. You can speak with a trusted lawyer by calling 954-546-7862. You can also set up your phone call via email.