Bankruptcy

Bankruptcy

Heidelberg Steinberger represents several banks, credit unions and finance companies in their collection cases, judgment enforcement actions and all manner of bankruptcy issues.  The firm also represents businesses and other debtors who have debt or liquidity issues.  Whether the necessary action is funding substitute financing, preparing workout agreements, restraining asset seizure, or filing a bankruptcy, we are able to serve our clients in their time of financial distress.  We have also prepared receiverships in state court for clients to both collect judgments and also reorganize a client when bankruptcy court did not fit the need.  Recent actions in this practice area include:

• Filing a Chapter 11 case for a real estate development company;
• Placing a judgment debtor into a state court receivership to recover transferred intellectual property;
• Collecting and enforcing lien holders’ rights in a Chapter 11 bankruptcy case;
• Defending multiple small businesses from a Trustee’s preferential transfer actions;
• Limiting the Automatic Stay against a corporate debtors’ officers (guarantors);
• Recovering assets from a debtor under the Fraudulent Transfer Act.