Unsecured creditors often find themselves in a difficult position during bankruptcy proceedings, with limited collateral backing their claims. At Crain Caton & James, we understand the challenges unsecured creditors face, and we work diligently to protect their rights and enhance potential recoveries.
We assist unsecured creditors by filing and prosecuting claims, objecting to inappropriate debtor actions, participating in creditors’ committees, and monitoring bankruptcy developments that could affect distributions. We also advise clients on proactive steps they can take to strengthen their positions, including challenging improper preferences, opposing unfavorable plan provisions, and negotiating more favorable treatment under proposed plans of reorganization or liquidation.
Our attorneys have extensive experience advocating for unsecured creditors in a wide variety of industries, from vendors and service providers to financial institutions and trade creditors. We approach each case with a clear focus on strategic opportunities to improve outcomes for our clients, whether through litigation, negotiation, or structured settlements.
