Troutman Pepper's Creditor’s Rights Toolkit is a series that provides practical insights to help creditors confront the challenges of commercial bankruptcy. The debtor is the entity that files for ...

NY court (TBG Funding v Kenwood Commons, 2026) let creditor use turnover order—override LLC anti-assignment—making creditor ...

Section 553 of the Bankruptcy Code provides that, with certain exceptions, the Bankruptcy Code "does not affect any right of a creditor to offset a mutual debt owing by such creditor to the debtor ...

Limited liability companies, like partnerships both general and limited, are fundamentally creatures of contract law. The members agree with each other as to the business to be conducted by the LLC, ...

Conducting business with a financially distressed or bankrupt entity can be a risky proposition. Knowing your rights as a creditor and when to timely engage a creditors’ rights attorney may be the ...

This panel will discuss different tactics creditors use to pursue the collection of debt, how debtors can defend against collection efforts and pursue claims when a creditor has gone too far, how ...

When you get a loan — whether it’s a car loan, home loan, student loan, personal loan or loan from a family member — you assume a debt and become a debtor. According to the Federal Reserve Bank of New ...

Secured Claims (2nd Lien): An asset can theoretically have dozens of lien claims against it. After assessing the priority order, each secured claim still receives top priority to receive liquidation ...