Protecting Unsecured Bankruptcy Claims

Idaho Attorneys Helping You With Your Unsecured Bankruptcy Claims

Unsecured creditors are dependent on unencumbered assets of an estate for payment. The priority for payment of these claims is generally as follows: first, costs of administration (including professional fees and expenses of operating the debtor’s business), followed by several claims that have high priority, and finally general unsecured pre-petition obligations. By virtue of their last-in-line position, general unsecured creditors might be viewed as having the most to lose should a chapter 11 debtor’s reorganization fail. It is for this reason that unsecured creditors may be most benefited by a thorough monitoring of the debtor’s affairs during the case. Our bankruptcy team is experienced in assisting unsecured creditors to protect their claims and maximize value received.

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