Creditors' Rights & Bankruptcy

Creditors' Rights and Bankruptcy Lawyers in Irvine

Our lawyers have extensive experience in all aspects of bankruptcy and insolvency matters, including creditors' rights, debt workouts, and trustee litigation as it pertains to Chapter 11 reorganizations, Chapter 7 liquidations, and assignments for the benefit of creditors.

In state courts, through early types of creditor relief, our lawyers are often able to compel settlements and resolve debt collection matters within 60 days to 90 days rather than waiting until the end of the case which can be a year or more later. Those early types of relief may include:

• Initiating arbitration or filing lawsuits to collect money owed
• Seeking and obtaining pre-judgment writs of attachment to secure the debt obligation and compel an early settlement of the case
• Seeking and obtaining pre-judgment writs of possession to compel the turnover of assets to secured lenders
• After obtaining a writ of attachment, seizing assets of the debtor to secure payment of the claim

Our creditors' rights practice also includes the enforcement of judgments and the pursuit of collection matters in state and federal court. Our attorneys also represent clients who would like to purchase state court or federal court judgments. For example, we recently represented a client who purchased judgments of approximately $2 million.

While our emphasis is on creditors' rights, we also represent corporations in Chapter 11 reorganization and in non-bankruptcy alternatives, debt restructuring, and workout options with secured lenders and other creditors. We also handle a wide range of creditors' rights related business litigation.

Creditors' rights litigation victories
Our lawyers represented Owen Healthcare, Inc., a subsidiary of Cardinal Healthcare, in obtaining a $300,000 writ of attachment against a large hospital, which resulted in a settlement and full payment of the amount owed after we began to enforce the writ of attachment by having a marshall installed at the business to seize incoming checks, among other assets.

Please view our Victories page for more case examples.

For more information, or to schedule an appointment with one of McQueen & Ashman LLP's creditors' rights and bankruptcy attorneys, contact Phillip Ashman or Lisa Roquemore at our office.