The Attorneys at Racine Olson represent creditor clients in matters arising under the United States Bankruptcy Code, the Uniform Commercial Code, and state laws governing secured transactions and Creditors’ rights in both Bankruptcy Court and State Court. Racine Olson represents secured creditors, unsecured creditors, landlords, equipment lessors, trustees, and other parties in commercial and farm bankruptcy cases, foreclosure, and collection procedures under non-bankruptcy law. The firm’s creditor clients include regional banks, national banks, suppliers, farm credit institutions and other commercial enterprises.
The attorneys at Racine Olson have represented secured creditors, unsecured creditors, lessor creditors, mortgage creditors, and trustees in bankruptcy cases to protect and preserve our client’s rights and claims in chapter 11 business reorganizations, chapter 12 farm reorganizations, and chapter 7 liquidation proceedings including prosecution and defense of adversary proceedings, preference claims, obtaining relief from the bankruptcy stay, objecting to a debtor’s discharge, negotiating, drafting and working with debtor’s counsel with regards to cash collateral agreements and proposed plans of reorganization.
When a bankruptcy case is filed under chapter 11, chapter 12 or chapter 7 of the bankruptcy code, creditors must act quickly and efficiently to preserve and enhance their rights with respect to their claim and collateral. Our experienced bankruptcy and creditors’ rights attorneys have extensive experience and can advise creditors how best to protect their rights in a bankruptcy proceeding.
The attorneys at Racine Olson also represent creditor clients in matters arising under the Uniform Commercial Code, state laws and common law governing secured transactions and Creditors’ rights matters. We represent secured creditors, unsecured creditors, equipment lessors, and other parties and interests in commercial litigation, foreclosure, and collection procedures under state and federal law.
We regularly handle state law creditor claims including foreclosure of real estate mortgages, deeds of trust, security agreements and state law liens. Our attorneys also assist in negotiating workout and forbearance agreements.
Our Creditors’ Rights practice also includes representing individuals and business entities in their efforts to collect contractual sums due from account debtors and pursuing rights owed by account debtors.
Our bankruptcy and creditors’ rights attorneys frequently handle:
We understand the importance of being responsive to our clients and are dedicated to providing updates promptly on the status of cases and working together closely to develop effective and creative strategies for achieving our clients’ objectives in the most effective and efficient manner possible.