Bankruptcy Counsel for Creditors

Harrisburg Bankruptcy Attorney Team

We represent creditors seeking to collect debts against individuals and businesses inside and outside of bankruptcy.

Call Scaringi Law at (717) 775-7195, to schedule your case evaluation.

Representing the Creditors:

We represent banks, mortgage companies, landlords and other creditors in cases in which their debtors have filed for bankruptcy. There is action a creditor can take to secure or improve its position with regard to attempting to collect debts it is owed from debtors who have filed for bankruptcy protection.

Once a debtor files for bankruptcy, creditors can file motions with the bankruptcy court to remove the protection of the "stay" and allow the creditor to foreclose on a home or seize a vehicle or other personal property that secures the debt owed to the creditor in circumstances in which the debtor stops making current installment payments or the debtor has too much equity in the property to exempt.

The creditor can challenge the value a debtor places on an asset with the purpose of making the asset non-exempt and thus able to be seized and sold with the proceeds going to the creditor.

The creditor can challenge a reorganization plan on the grounds it is unreasonable to believe the debtor can make the plan payments. A successful challenge could cause the debtor to be removed from bankruptcy protection. As a result, the debtor's assets would be subject to the seizure and sale by the creditor.

In the least, the creditor should file a claim with the bankruptcy court to ensure its debt is acknowledged by the bankruptcy trustee and paid if circumstances allow.

If you would like to learn more about the bankruptcy process, call (717) 775-7195 now, or click to contact Scaringi Law via our easy form. Learn more about our expert services in personal and business bankruptcy law.

Call (717) 775-7195 or contact Scaringi Law online to discuss your creditor rights and recovery options.