San Juan Bankruptcy Law Attorneys
Chapter 11 Business Bankruptcy • Creditor Representation in Bankruptcy
Marichal & Hernández LLP represents businesses in Chapter 11 bankruptcy proceedings, creditors in bankruptcy, and commercial organizations in bankruptcy litigation. If your organization is involved in bankruptcy either as a plaintiff or a defendant in an adversary proceeding or a creditor, the firm can explain your rights and guide you through the process to protect your interests.
Contact the San Juan law firm today to speak to a lawyer.
Creditor Rights in Bankruptcy
Under United States bankruptcy law, creditors have protections in Chapter 11 bankruptcy:
- File proof of claim — Creditors may be required to file a proof of claim for money owed by the debtor in a bankruptcy proceeding.
- Relief from stay — Creditors with nondischargeable claims can file for a relief from the automatic stay that prevents creditors from continuing collection actions against the debtor.
- Objection to plan confirmation — The creditor can challenge the debtor's proposed bankruptcy reorganization plan.
- Claim assets from the divided bankruptcy estate
Marichal & Hernández can explain additional options that may be available to protect creditors. When a creditor receives a notice of bankruptcy by one of their debtors, there are important steps to take. The firm's attorneys help creditors analyze the debtor's claim, file their own claim in court, and explain their options.
The firm's attorneys have experience in commercial bankruptcy litigation, including relief from stay, executory agreements and avoidable preferences litigation and providing defense and representation to creditor defendants in adversary proceedings. They also handle creditor rights and claims in Chapter 7 bankruptcy and Chapter 13 bankruptcy on behalf of debtors.
Contact the Firm Today
If you are a creditor whose debtor has filed Chapter 11 bankruptcy, Marichal & Hernández can explain your options and provide you with solid legal advice. Contact the office in San Juan to speak to an attorney about your claim.
Marichal & Hernández LLP
The San Juan, Puerto Rico law firm of Marichal & Hernández LLP serves clients throughout Puerto Rico in areas such as San Juan, Aguadilla, Aibonito, Arecibo, Bayamón, Caguas, Carolina, Fajardo, Guaynabo, Humacao, Mayagüez, Ponce, Utuado.
