Creditor’s Rights Protection During Bankruptcy

Bankruptcy legislation is an area of complex legal substance, which requires participation of experts with a special skillset. Experience in bankruptcy cases let FINCOM group stand out among other law firms. Our lawyers have participated in hundreds of cases involving bankruptcy proceedings.

Within this area of law, FINCOM group team applies solutions aimed at protecting the rights and interests of creditors, which enables us to achieve maximum satisfaction of their claims under the bankruptcy proceedings. It is not enough to count on conscientious performance of duties by an insolvency practitioner in order to return the creditors’ assets. Only active defense can ensure the return of the funds.
To this date, FINCOM group lawyers have established vast law enforcement practice and developed a variety of options to discourage unscrupulous debtors and protect the interests of individuals participating in the bankruptcy cases, which allows us to react immediately to any change in bankruptcy proceedings, to find the best solution in the most challenging situations quickly, saving time of our clients, as well as to anticipate the scenarios and develop the most beneficial behavior strategy.

Our services in protection of creditor’s rights during bankruptcy:

• representation of interests of bankruptcy creditors, current creditors, secured creditors, representatives of the Assemblies and Committees of creditors;

• participation in bankruptcy proceedings;

• proof of creditor’s claims to the maximum extent;

• drafting and filing the bankruptcy petitions, statements on interim measures of protection;

• participation in Assemblies and Committees of creditors, compulsion to conduct a meeting;

• tracing the debtor’s property and reclaiming it from unlawful possession by the third parties;

• ensuring transparency and control over insolvency practitioners’ performance, challenging actions or inaction of insolvency practitioners, challenging the amount of remuneration and fees for contractors, compulsion of insolvency practitioners to challenge the property withdrawal transactions, recovery of damages from insolvency practitioners;

• prosecution of the debtor’s controlling persons and beneficiaries, imposing responsibility for debtors’ obligations and losses on them;

• challenging the debtors’ assets transactions.