Protecting Creditor Rights
When you lend money to an individual or small business, you expect to be paid according to the agreement you made with the debtor. When the borrower fails to honor his or her end of the bargain and files bankruptcy, you must act quickly if you hope to recover your losses. An experienced lawyer can help you understand your rights and options in this situation.
At the Law Office of Kevin J. Magorien, we understand the Bankruptcy Code from all perspectives. Since we represent both creditors and debtors in bankruptcy proceedings, we are able to help creditors prevent losses and recover damages. We serve clients in King, Pierce and Snohomish Counties.
Washington Attorney Assisting With Creditor Disputes
We represent a range of creditors, including:
- Homeowners associations
- Car dealers
- Private lenders, including friends and relatives of the debtor
Frequently, the lenders know when a debtor has filed Chapter 7 or Chapter 13 bankruptcy, and they are wondering whether they can collect payment according to their formal or informal agreement. We can answer all of your questions regarding collection and help you pursue what is rightfully yours.
Representing Secured Loan Lenders
If you are a secured lender, meaning there is collateral for the loan, we can help you collect, repossess or recover the finances or assets by:
- Getting an automatic stay lifted
- Objecting to the discharge of debt in a Chapter 7 bankruptcy or to the repayment plan in a Chapter 13 bankruptcy
As your legal representatives, we have the experience, knowledge and skill to protect your interests in court if the debtor has filed bankruptcy. We will work diligently to help you recover arrearages, including back penalties, interests and payments.
Representing Unsecured Loan Lenders
If you are an unsecured lender, perhaps a friend or family member who lent money to the debtor, we can also help you. If the debtor filed Chapter 7 bankruptcy, we will work to get the automatic stay lifted so you can collect the debt or object to the discharge.
Targeted Collection Strategies
To schedule a 30-minute free consultation, contact us online or call our office at 253-656-4934 or toll free 866-633-4992.
Our office is located next to the King County Superior Court Regional Justice Center in Kent. Free parking is available.
We have basic Spanish-speaking skills.