Davidson Backman Medeiros protects the rights of creditors through an insightful understanding and application of creditors’ rights and remedies in bankruptcy proceedings, receiverships, and commercial litigation. We represent select financial institutions, creditors, creditors’ committees, private equity groups and other private parties in the enforcement of claims in bankruptcy proceedings, collection and foreclosure actions, and out of court troubled debt restructuring.
Commercial and Consumer Loans
We represent credit unions, banks, and other lenders with respect to the enforcement of their rights against personal property and real property collateral, including actions to obtain money judgments, recover personal property, and to enforce judgments. We are capable of handling any aspect of commercial or consumer collections, timely and efficiently.
Creditors’ Right in Bankruptcy
We help creditors enforce their rights in bankruptcy cases under Chapter 7, Chapter 11, Chapter 12, and Chapter 13, including the filing of motions for relief from stay, objections to plans of reorganization, objections to exemptions, and ensuring that debtors truthfully and accurately disclose their assets to maximize distributions to creditors. We assist with the filing of proofs of claim, responding to objections to proofs of claim, and defending actions by debtors or the bankruptcy trustees for the avoidance of payments or other transactions with creditors.
In Chapter 11 cases, we provide complete creditor representation, including the protection of creditors secured by cash collateral regarding the use of that collateral, by responding to motions to sell creditor’s collateral, by protecting the rights of secured creditors in that process, by assisting secured and unsecured creditors with the evaluation of proposed plans of reorganization, and by pursing objections to confirmation and filing competing creditor plans.
In Chapter 13 bankruptcy cases, we evaluate debtor eligibility; the feasibility of proposed plans; creditor treatment under proposed plans; issues as to collateral value; the appropriateness of seeking relief from stay; and pursuing objections to plans if needed to ensure a maximum recovery.
A creditors committee offers unsecured creditors an advocate in a Chapter 11 case where it may not be economically feasible for unsecured creditors to retain their own individual counsel. We have represented creditors committees in Washington and Idaho, and we are qualified by skill and experience to competently and efficiently represent unsecured creditors committees in Chapter 11.
We Can Help
We represent individuals and businesses in all aspects of bankruptcy proceedings, as well as debt settlements and loan restructurings. Call (509) 624-4600 or email firstname.lastname@example.org for further information regarding the protection of creditor’s rights under Chapter 7, Chapter 11, Chapter 12, or Chapter 13.