Bankruptcy & Creditor’s Rights

Bankruptcy:

Woolf & Nachimson, LLP represents financial institutions, leasing companies and other creditors in bankruptcies. The firm’s assistance of these institutions in litigation and collections is an important part of its practice.

Our work encompasses:

  • Relief from automatic stay proceedings;
  • Enforcement of lenders’ rights to cash collateral;
  • Actions to determine non-dischargeability of debt; and
  • Defense of actions brought by bankruptcy trustees and debtors-in-possession.

Collections:

Woolf & Nachimson, LLP represents clients in matters involving the enforcement of loan agreements, promissory notes, leases and other credit obligations, and the recovery of personal property collateral and/or the foreclosure upon real property resulting from defaults under such credit obligations.

Our services include:

  • Pursuing prejudgment remedies to secure our clients’ rights;
  • Gaining leverage; and
  • Inducing early settlement.

Woolf & Nachimson, LLP advocates, when appropriate, the use of alternative dispute resolution, and is candid in informing clients when a case is weak or recovery is unlikely.