Bankruptcy & Insolvency
The firm handles all aspects of bankruptcy and insolvency proceedings. The firm’s clients include both creditors and debtors. The lawyers at Rossman, P.C. carefully analyze each case in order to decide whether bankruptcy or some other insolvency or asset-protection alternative constitutes a better course of action.
On the creditor side, the firm is experienced in initiating and managing bankruptcy related litigation, including pursuing fraudulent transfer claims, preference payments, the dischargeability of indebtedness, and more. The firm also asserts proofs of claims on behalf of its creditor clients (both secured and unsecured), securing valuable rights created by the federal bankruptcy laws, as those creditors seek recovery against debtors employing various bankruptcy-related protections.
On the debtor side, the firm is also experienced in advising its clients with respect to the options available under Chapters 7, 11, and 13 of the U.S. Bankruptcy Code. Whether an individual seeks a valuable “fresh start” to discharge various unsecured consumer debts, or a business seeks to reorganize and restructure its financial obligations to survive and stay afloat during the Pandemic, our lawyers have helped many going through financial hardship.