Fitzpatrick Lentz & Bubba recognizes the pervasive impact of bankruptcy law on your commercial transactions, business dealings, land use and litigation.
With attorneys who practice regularly in bankruptcy courts, FLB has the expertise to help you navigate the intricacies of these financial hurdles.
With knowledge in commercial reorganization and experience in representing creditors in insolvency situations, our attorneys work with you in securing optimal results.
At FLB, we have substantial experience representing commercial creditors and financial institutions in protecting their claims in the face of increased personal bankruptcies by customers and borrowers and in providing cost-effective solutions.
Under Section 521 of the Bankruptcy code, an individual debtor is obligated to choose how to treat the collateral of a secured creditor. Under the Code, the choices are: reaffirm the debt, redeem the collateral, surrender it, or claim the property as exempt. The debtor must file a Statement of Intention which explicitly lists the […]