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Not all creditors are the same in a bankruptcy.
REAL ESTATE BANKRUPTCY
There can be a huge differences between amounts collected by secured creditors and unsecured creditors. Working with our law firm as soon as you suspect a customer has financial issues puts your company in the best legal position to get paid.
Once a customer files bankruptcy, there are things you need to do fast (and other things you don't want to do). We are representing trade creditors in bankruptcies all the time, and we can advise you on the best strategy.
Even after you collect what is owed, and the customer is out of bankruptcy, your company can be sued for preference claims to force you to give back monies. We know all the defenses to help you keep your cash.
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