Bankruptcy and Creditor’s Rights
Chapter 7 and Chapter 11 Creditors Rights
Alfred Abel, Esq. is an attorney with a long history of representing secured lenders, equipment lessors, commercial property owners, trade creditors in Chapter 7 and Chapter 11 bankruptcy cases in Pennsylvania, and has been admitted to represent creditors for bankruptcy in Delaware and Virginia. Clients include represented numerous companies, individuals, municipalities, small to mid-size businesses, lenders, fiduciaries, landlords, financial institutions, equipment lessors, vendors, suppliers, consumers and others in restructurings, out-of-court workouts, and chapter 11 cases. A business-oriented, practical approach comes from years of experience in creditors’ rights and as bankruptcy lawyer.
Alfred is a frequent speaker at industry and continuing legal education seminars regarding various bankruptcy, foreclosures, collections, and related lending topics.
Protecting Creditors in Bankruptcy
If your customer goes bankrupt, you will face a new set of challenges. We provide legal aid to creditors, and we can help you take action so that you can secure as much payment as possible and fulfill your business plan.
From our Montgomery County law offices, we have been preparing legal documents for creditors in bankruptcy for more than 31 years. Contact us today to speak to an attorney for bankruptcy and find out more about what you your business can do to secure the debts you are owed.
Alfred Abel Law Offices works with individuals and businesses with consumer debt and business-to-business non-payment cases. As a creditor rights bankruptcy lawyer, our role is to assist clients with creditor claims in chapter 13 bankruptcy, chapter 7 bankruptcy liquidation, and chapter 11 bankruptcy.
With more than 31 years of experience in bankruptcy and legal advice for businesses, Alfred M. Abel, Esq., is a bankruptcy veteran. He served as Chairman and Vice-Chair of the Montgomery County Bar Association bankruptcy committee for many years and serves on the Lawyer-Accountant Liaison Committee of the Montgomery Bar Association as vice-chair.
His many years of experience assisting creditors and debtors in bankruptcy have given him insights into the strategies business and consumer debtors will use and the settlement offers that attorneys will make. This allows him to get to the bottom line faster, making him a more effective advocate.
Norristown Business Litigation Lawyer
Matters that Alfred M. Abel Law Offices regularly confront are:
- Protecting creditors’ rights in complex Chapter 11 cases, litigating adequate protection and cash collateral motions, and negotiating debt restructures.
- Suits for accounting, turnover, and relief from stay and litigation involving fraud.
- Filing proof of claim
- Litigating the recovery of rents and assumption or rejection of leases, and recovery of leased or financed property.
- Defending creditors in preference and fraudulent transfer actions.
- Proceedings to Lift the Automatic stay;
- Stay violation claims;
- Motions to assume or reject leases;
- Objections to confirmation of plan;
- Preference, lien stripping, and equitable subordination proceedings;
- Fraudulent transfer/insider transaction litigation;
- Helping clients draft any agreement form they need;
- Objections to discharge and dischargeability in bankruptcy cases;
- Administrative, Priority, Secured and Unsecured claims;
- Conversion of cases to Chapter 7;
- Dismissal of a Bankruptcy Case;
- Assignment of Executory Contracts or Unexpired Leases;
- Defending court claims of other creditors;
- Adversary proceedings involving contracts and agreements, preference payments, fraudulent transfers and non-dischargeability.
- Landlord /Tenant Disputes
- Property Damage Cases
- Tortious interference with business relationships or contracts
- Fraud or misrepresentation
- Business valuation disputes
Recent Examples of Cases Handled by Alfred M. Abel, Law Offices Include:
- Represented a Pennsylvania municipality against a Virginia bankruptcy debtor for municipal utilities and services provided in a Pennsylvania trailer park. Arranged for the payments directly to the municipality, bypassing the trustee, and for the trailer park to be auctioned off by the first lien holder.
- Represented a commercial landlord in a Chapter 7 case and obtained immediate possession of property and removal of tenant’s property that resulted in a quick re-letting of the property.
Successfully defended preference claims filed by suppliers of goods to grocery and convenience stores in a Pennsylvania bankruptcy case.
- Represented various creditors of Chapter 11 and Chapter 7 bankruptcy estates, including purchasers of equipment, services, and customized vehicles.
- Represented a factoring company from New York against a claim by a Pennsylvania chapter 7 trustee to disallow a late filed claim for $38,000.00. Successfully argued that the claim should be allowed as fully secured and obtained a payment of over $225,000.00
- Represented commercial landlords against an overpayment claim by the trustee.
- Represented a debtor against a dischargeability claim for union benefits in an adversary matter.
Courses and Seminars Presented:
“Collection Law from start to finish” – National Bar Institute CLE Course
“What happens if the other guy goes bankrupt” – Montgomery Bar Association CLE course
“The impact of Bankruptcy on Collections” – National Bar Institute CLE course
“Collection Law and Bankruptcy Law” – National Bar Institute CLE course
“Bankruptcy Law 101” – National Bar Institute CLE course