Protecting the Rights of Creditors in Wisconsin
Bankruptcy involves at least two parties: the debtor and the creditor.
On the creditor side of the table, when dealing with an individual or distressed business, it is important to prevent preferential transfers, fraudulent conveyances, or a rush by other creditors attempting to seize valuable assets before the business fails.
Bankruptcy brings order to this proceeding. Within the framework of Chapter 11 or – for family farms – Chapter 12 for family farms, it is a means of potentially reorganizing the finances of a debtor to allow it to remain viable and enabling creditors to continue receiving payments on their debts, returning more of the debt than would be obtained by liquidation.
Discuss Your Options With Proven Lawyers
Contact the lawyers of Steinhilber Swanson LLP to discuss your rights as a creditor. With convenient law offices in Madison, Oshkosh, and Milwaukee, we are able to help creditors who have bankruptcy-related needs in Wisconsin.
We are a debt relief agency. We help people file for relief under the Bankruptcy Code.