“The attorneys of Davidson Backman Medeiros PLLC are leading advocates of parties in business restructuring, reorganization and consumer bankruptcies, with substantial experience in complex receivership cases and the enforcement of creditors’ rights. Davidson Backman Medeiros provides experienced counsel to parties in bankruptcy proceedings and creditor-debtor litigation, and offers creative solutions to borrowers and guarantors through the negotiation of troubled debt obligations.
Relief For Individuals
We relieve consumer debt for individuals through personal bankruptcy under Chapter 7 and Chapter 13. Personal bankruptcy offers a fresh start, and a second chance in life. We also represent borrowers and guarantors in commercial litigation, foreclosures, and the restructuring of commercial loans.
We relieve business debt through reorganization under Chapter 11 and Chapter 12, and through out of court workouts of commercial debt. We also serve as state court receivers for the management of assets under court supervision pending the resolution of business disputes, or during the sale or liquidation of assets.
We provide solutions to creditors in bankruptcy cases through the recovery of collateral, the enforcement of loan obligations, and the maximization of distributions from insolvent borrowers. We also represent creditors’ committees in cases under Chapter 11, and represent creditors and equity holders in receivership cases.
Commercial And Consumer Loans
Creditors’ Rights In Bankruptcy
Creditors’ Committee Representation
Receivership can be faster, less contentious, and less costly than a case under Chapter 11. The receiver acts as an officer of the Court, and serves as an advocate for the interests of creditors and equity holders. Creditors and equity holders will often recover more through a receivership than through a Chapter 11 bankruptcy.