According to the American Bankruptcy Institute statistics, the past 10 years have seen an average of 45,000 business bankruptcy filings per year.  We have provided legal services to national, regional, and local commercial lenders, creditors committees and asset purchasers regarding inventory financing, working capital credit lines, and asset-based loan transactions.  The Bankruptcy Code was substantially changed due to the recent enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act.  The attorneys of Lashly & Baer, P.C. have the experience and skill needed to provide the highest level of representation in all phases of the Bankruptcy process.

Also see Wealth Management.

We regularly address the following legal issues for our clients:

  • Adequate protection hearings

  • Assessment of lenders' options in bankruptcy proceedings

  • Avoidance powers of trustee and bankruptcy

  • Cash collateral hearings

  • Confirmation plans

  • Creditors committees

  • Debt reaffirmation

  • Debtor and creditor rights

  • Debtor-in-possession plans

  • Dischargeability of debts

  • Enforceable protective provisions

  • Examination of debtor

  • Exemptions

  • Foreclosure proceedings

  • Liquidations

  • Loan restructuring

  • Loan workouts

  • Non-bankruptcy alternatives

  • Out-of-court workout solutions

  • Post confirmation issues

  • Pre-bankruptcy planning

  • Preferences

  • Pre-packaged plans

  • Pre-petition issues

  • Priorities among conflicting security interests

  • Proofs of claim

  • Receivership transactions

  • Reclamation proceedings

  • Relief from automatic stay

  • Reorganization plans

  • Repossessions

  • Restructuring

  • Secured creditors rights

  • Unsecured creditors rights

  • Voluntary and involuntary petitions

  • Wage earner plans

  • Working capital and fixed asset financings

  • Workout situations