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printed on April 04, 2025 @ 07:41:35 AM by Guest on Madrid Law Firm, PLLC (https://hmadridlaw.com/)


Creditors' Rights

At Madrid Law Firm, PLLC, we understand that your business's bottom line relies on receiving timely payments for the goods or services you provide. When payments are delayed or debtors default, your company's financial stability is at risk. Fortunately, you have legal options to protect your interests. Our experienced attorneys represent creditors throughout El Paso and Texas in commercial collections and bankruptcy cases. We are committed to asserting your rights and recovering the debts owed to you, whether through negotiation or litigation.

Texas Advocates Protect Your Rights in Bankruptcy Actions

Bankruptcy can be a challenging process for creditors, but it doesn’t mean you have to forfeit your rights. Our firm provides strategic legal guidance and representation to ensure you receive the compensation you're entitled to, even in the face of a debtor’s bankruptcy. We assist with:

  • Administrative Expense Claims — Asserting priority claims for goods delivered to a bankrupt customer within 20 days of their bankruptcy filing.
  • Reclamation Claims — Seeking the return of goods delivered to an insolvent customer within 45 days before a bankruptcy filing.
  • Lien Holder Rights — Protecting your interests as a lien holder, especially regarding specially classified supplies.
  • Essential Supplier Claims — Asserting your right to compensation as an essential supplier or critical vendor.
  • Priority Litigation — Pursuing legal action against other lien holders, including secured creditors, taxing authorities, and landlords.
  • Relief from Automatic Stay — Seeking court permission to continue collection efforts if the debtor is committing fraud or acting in bad faith.

Our team is dedicated to protecting creditors' rights in bankruptcy proceedings and ensuring that you do not bear the financial loss alone.

Knowledgeable Advisers Assist with Commercial Collections

In addition to bankruptcy matters, Madrid Law Firm, PLLC represents commercial and retail clients across Texas in various debt recovery efforts, including:

  • Commercial Collections — Recovering secured and unsecured debts for small and large businesses, contractors, subcontractors, commercial landlords, and equipment lessors.
  • Loan Collections — Assisting banks, credit unions, and other lenders in collecting overdue loan payments.
  • Construction Collections — Filing and enforcing mechanic’s lien claims and labor and material payment bond claims.
  • Replevins — Helping lessors and secured creditors repossess and recover collateral from defaulting debtors.
  • Litigation — Handling debt collection lawsuits in state and federal courts, as well as alternative dispute resolution forums such as arbitration and mediation, and defending against debtor counterclaims.

If your business is struggling with unpaid debts, our firm can provide the legal assistance you need to recover the payments you’re owed.

Contact an Experienced Texas Attorney to Assert Your Rights as a Creditor

If you are seeking debt recovery in Texas, Madrid Law Firm, PLLC is here to protect your rights and help safeguard your business's financial health. Call us at (915) 351-9772 or contact us online to schedule a consultation at our El Paso office.