Creditor's Rights

Advocating for Creditors

A bankruptcy attorney can advocate for a creditor by navigating the complexities of bankruptcy law. The goal is to protect the creditor’s interests and maximize their recovery within the constraints of bankruptcy law.

How can a bankruptcy attorney help?

• File a proof of claim with the bankruptcy court to be considered an eligible creditor and receive distributions from the debtor’s estate.
• If a creditor believes a bankruptcy plan is unfair or doesn’t not adequately protect their rights, the attorney can file objections to the plan.
• The bankruptcy attorney can help a creditor seek relief from the automatic stay that halts collection actions against a debtor after they file for bankruptcy.
• Bankruptcy attorneys can negotiate with the debtor’s attorney to reach a mutually agreeable settlement or repayment plan.
• If a creditor delivered goods to a debtor shortly before the bankruptcy filing and has not been paid, the attorney can pursue reclamation rights to recover those goods.

Schedule a Free Consultation Today

To learn how we can help, schedule a free, one-hour consultation by calling 505.271.1053. Or click here to give us some information about your situation.

Gatton & Associates, P.C., is located in Albuquerque, New Mexico, but we represent debtors and creditors throughout the state of New Mexico. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.