Creditors’ Rights

Dallas Creditors’ Rights Lawyer

PROTECTING CREDITORS’ RIGHTS IN TEXAS

Bankruptcy proceedings can bring complex issues such as limiting a creditors’ right to collect the money they are owed. During a bankruptcy proceeding, you need an experienced Dallas creditors’ rights attorney at your side who understands your rights and can protect them. At M. J. Watson & Associates, P.C., we can defend you not only as a creditor under the U.S. Bankruptcy Code but also in situations where a debtor has not filed for bankruptcy and is in default on their obligations.

As a qualified Dallas creditors’ rights attorney, I’ve represented an assortment of clients including vendors, creditors, and financial institutions. By guiding you through the legal proceedings, I work alongside you to aid in your debt collection efforts. Whether you need to restructure debt, negotiate, or proceed with litigation with or without bankruptcy court involvement, the creditors’ rights attorney at M. J. Watson & Associates, P.C. is ready to defend your rights.

For insight from an experienced Dallas creditors’ rights attorney, please call my office at (214) 965-8240 to discuss your case.

TYPES OF LEGAL SERVICES FOR CREDITORS

At M. J. Watson & Associates, P.C., we offer a variety of services based on a creditors’ individual and unique needs. Through my many years of work as a Dallas creditors’ rights lawyer, I understand that your situations is unique and will require a specially tailored approach to secure the best result.  

Some of my legal services for creditors include:

  1. Garnishment proceedings through which a third party takes payments from the debtor’s bank account to pay back the creditor.
  2. Involuntary bankruptcy proceedings: this process begins when a creditor feels that they will not get paid back, and so they request bankruptcy to be filed against the debtor. This is different from voluntary bankruptcy because the creditor is the one who initiates the bankruptcy instead of the debtor.
  3. Challenging automatic stays. An automatic stay works to keep creditors from being able to collect what is owed to them while the debtor begins to figure out how to make payments. Challenging an automatic stay could potentially allow creditors to access their money quicker than waiting for the debtor to start making payments.
  4. Negotiating cash offers.
  5. Requesting reaffirmation of debt. By doing this, creditors can show and prove that a debt is owed to them using legal means.
  6. Challenging a discharge of debt: to discharge a debt means to release the debtor from the debt they owe. A creditor can ask that a discharge of debt be challenged and reviewed, giving the creditor another chance to be paid what they’re owed.
  7. Collection Actions
  8. Filing claims in bankruptcy court

With my experience in Chapter 7 and Chapter 11 bankruptcy proceedings, I have a deep understanding of bankruptcy court operations and how to advance a creditor’s rights in these proceedings. Whether protecting the rights of creditors when bankruptcy is not involved or offering counsel to help Texas creditors avoid having debts owed to them fall within the protection of the bankruptcy court, you can rest easy knowing your interests are well represented and protected at M. J. Watson & Associates, P.C.