Creditor’s rights are the procedural provisions designed to protect the ability of creditors—persons who are owed money—to collect the money that they are owed. These provisions vary from one jurisdiction to another, and may include the ability of a creditor to put a lien on a debtor’s property, to effect a seizure and forced sale of the debtor’s property, to effect a garnishment of the debtor’s wages, and to have certain purchases or gifts made by the debtor set aside as fraudulent conveyances. The rights of a particular creditor usually depend in part on the reason for which the debt is owed, and the terms of any writing memorializing the debt.

Hajjar/Peters lawyers have a specialized practice area focused on the collection of such debts. Our attorneys are frequently referred to as collection attorneys or collection lawyers.

We know here at Hajjar/Peters that customers who default on their bills can have devastating effects on small businesses. If your collection efforts have failed or if you’ve been notified that a debtor has filed for bankruptcy, your company needs the assistance of an experienced creditors’ rights attorney.

Whether you’re a secured or unsecured creditor, your lawyer can work with you to explore all of your legal options, including foreclosure, mechanics’ liens and repossession. Creditors’ rights law firms can also represent your company at bankruptcy creditors’ meetings, advocate on your behalf and ensure that your company receives as much money as is possible.