Creditor's Rights

The Rochester attorneys of Boylan, Brown, Code, Vigdor and Wilson are experienced in protecting creditor rights. From direct asset protection to loan workout, retail and commercial collections, mortgage foreclosure and beyond - our creditor rights protection is comprehensive and diverse.

Asset protection is a fundamental step in creditor rights protection. When a company has a legal interest in collateral that ends up in the possession of others, it is essential to make the right security agreement. The attorneys of Boylan Brown's creditor rights practice group provide the information and guidance required to successfully protect a creditor's rights. In addition, we are able to assist our clients in dealing with the asset protection efforts of others.

Quick, firm actions with delinquent accounts can result in a faster recovery of available assets. However, it is never easy when dealing with situations where one company is forced to be firm with another - many companies have long established working relationships that can be put at risk if collection actions become too aggressive. Through training and counseling, the Rochester attorney's at Boylan Brown can help companies to identify those situations that require firm action.

As a preferential outcome to bankruptcy, it can be wise to consider negotiating a loan workout.

Avoiding litigation is often the wisest course, as the lengthy delays related to such litigation can result in substantial losses. Our attorneys have experience in negotiating Chapter 7 and 11 issues that creditors have come to rely on. That does not mean that we recommend avoiding litigation at all costs - on the contrary, there are cases were it is necessary to pursue an action through the courts. The creditor's rights practice group at Boylan Brown is able to call upon our litigation group to provide our clients with the top-level litigation strength that our firm is so well known for.

Our creditor's rights practice also has an established record of successful commercial debt collection in Western New York . Efficient use of our services can substantially reduce risk to a creditor. We also work on behalf of banking institutions to recover dollar judgments against individuals and corporate entities.

It is an increasingly common practice for receivers to demand return of payments/assets from companies that were successful in collections in the later days of a now bankrupt/near-bankrupt company. Claiming that the payments represent preferential transfers, the receivers attempt to recover as many assets as possible. The experienced financial law attorneys of Boylan Brown's creditor's rights practice group have successfully defended clients from such actions.

Discover how the Rochester attorneys of Boylan, Brown, Code, Vigdor and Wilson can help you protect your creditor rights.

If you would like to learn more about our c reditor's rights practice group please contact us at:

Boylan, Brown, Code, Vigdor & Wilson, LLP

2400 Chase Square , Rochester , NY 14604

Phone: 585-232-5300

Fax: 585-232-3528

Email: info@boylanbrown.com

Website: www.boylanbrown.com