Creditors’ Rights & Collections
Thompson O’Brien’s Creditors’ Rights and Collections group services all credit issues – bankruptcy, retail and commercial collections and mortgage foreclosures. A significant strength of our practice is representing secured creditors. This includes enforcement of claims for payment and recovery of secured property. We work with our clients when their customers cannot pay in a timely manner or choose not to pay. We counsel clients concerning loan workouts and restructuring, litigation in state and federal courts, and contested matters in bankruptcy or reorganization proceedings. The Firm has an outstanding reputation representing regional and national financial institutions in consumer and commercial collections, pre-suit negotiation and collection litigation.
The Firm focuses on helping creditor organizations recover as much of their commercial debt as possible from debtors. We adhere strictly to requirements of the Fair Debt Collection Practices Act and other government regulations governing the conduct of debt collectors.