Bankruptcy Objections Are Your Right as a Creditor
Creditors have the right to protect themselves from financial loss when one of their clients files for bankruptcy. Not all debts will be automatically discharged by the bankruptcy courts. By filing a proof of claim, a creditor can prove that the money is owed based on a legitimate contract. If the debt is included in the debtor's bankruptcy filing, a creditor has legal options to file a complaint under 11 United States Code (USC) Section 523, that a specific debt should not be dischargeable.
The creditor may object to the entire discharge of a debtor under certain circumstances, covered by 11 USC Section 727. Specific debt, or an exception to discharge, requires a different strategy than filing a legal petition to determine dischargeability of a debt.
Altogether, there are 18 types of debt that are non-dischargeable under the USC. Knowing case law and understanding how specific judges will rule on a dischargeable debt requires in-depth knowledge of the bankruptcy code. Kerr, Hendershot & Cannon has more than 20 years of experience representing business parties and individuals in matters relating to debt discharge and preference actions. Our team stays abreast of U.S. bankruptcy laws and bankruptcy trustee actions in courts throughout Texas and nationwide. If you are a creditor who stands to lose money through dischargeable debt in a Texas bankruptcy court, talk to us about how we can help.
The sooner you talk to an experienced creditors' rights attorney, the better opportunity your business will have for filing a proof of claim and objection to a bankruptcy discharge. We have experience in all aspects of creditors' rights in Texas bankruptcy courts, including:
- Complaints to detect discharge, objections to discharge of a debt in bankruptcy
- Fraudulent transfers and preference actions
- Proof of claims filing
It's Your Money. Objecting to Bankruptcy Discharge Is Your Right. Call Us Today.
From our offices in Houston and Corpus Christi, we represent business creditors in bankruptcy courts throughout South Texas. Contact us to arrange a consultation with an experienced Texas creditors' rights lawyer at our firm today.
