Business Transactions & Creditors Rights
PEAK LAW has more than 15 years of business to business transaction experience. This includes standard contracts, employee issues, Purchase and sale agreements, commercial leases and federal regulatory issues just to name a few areas. We also Counselor clients regarding collections issues, FDCPA, and the uniform commercial code.
- Secured creditors
- Unsecured creditors
- Private lenders and private mortgage holders
- Business loans and receivables
- Asset recovery companies
Creditors of a customer who has filed a bankruptcy case who wish to continue to do business with the debtor need to quickly determine what procedural actions the creditor must take to avoid additional exposure and take advantage of certain rights granted to creditors who do business with a customer after it files a bankruptcy case under either Chapter 11 or Chapter 7.Creditors who lease goods and real estate or who are parties to executory contracts are afforded special rights in bankruptcy cases, but the burden is on those types of creditors to assert and protect those rights.