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Bankruptcy Creditors’ Rights

Delaware Bankruptcy Attorney Assisting Creditors

Advocating for creditors’ rights

While bankruptcy laws assist individuals who have fallen on hard times, they can be harsh on creditors who are forced to absorb a loss that helps finance the debtor’s fresh start. However, if you’ve received a notice of bankruptcy by someone who owes you money, don’t assume that you have no rights. Conaway-Legal LLC helps creditors assert their rights toward debtors in bankruptcy. I am available to assist you in cases related to:

  • Chapter 7 bankruptcy
  • Chapter 11 bankruptcy

I know the bankruptcy code and can advise you on the steps necessary to improve your chances of being repaid.  Creditor’s right under the bankruptcy code may entitle you to relief.

  • A creditor may assert an “administrative expense” priority claim for goods received by the bankrupt customer within 20 days of a bankruptcy filing.
  • A creditor may assert a “reclamation claim” for goods delivered to an insolvent customer within the 45 days before a bankruptcy filing.
  • A creditor may assert rights as a “lien holder” with regard to special classifications of supplies.
  • A creditor may assert a right to compensation as an “essential supplier” or “critical vendor.”
  • A creditor may pursue priority litigation versus other lien holders including secured creditors, taxing authorities and landlords.
  • A judge may grant relief from an automatic stay if it can be shown that a debtor is committing fraud or acting in bad faith.

The sooner you assert creditor’s rights, the greater the likelihood of a favorable outcome.

Bankruptcy proceedings move quickly — contact an attorney today

Especially today, when bankruptcy filings are so numerous, the court is eager to decide cases fast. If you delay asserting your rights, you can easily lose them. Call Conaway-Legal LLC today at 302-433-6974 or contact me online to schedule a consultation with a seasoned bankruptcy attorney dedicated to helping creditors.

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Our Office
  • Wilmington Office
    1007 North Orange Street
    Suite 400
    Wilmington, Delaware 19801
    Phone: 302-428-9350
    Fax: 844-364-0137