The Creditor’s Rights Practice Group at Rhoades McKee PC is experienced in assisting our clients with all of the challenges faced by businesses and individuals who are owed money.

The Creditor’s Rights Practice Group has vast experience representing banks, credit unions and other financial institutions with their consumer and commercial loan workout issues. This representation includes handling forbearance agreements, foreclosing on real property and representing clients in State and Federal Court to obtain money judgments and repossess personal property. Thus, the attorneys in the Creditor’s Rights Practice Group understand all aspects of secured transactions and how to achieve the best economic result. Also, when the borrower fails financially and seeks bankruptcy protection, the attorneys in the Creditor’s Rights Practice Group can continue to assist our clients in all aspects of the Bankruptcy Court, including seeking lifts of the automatic stay, objection to bankruptcy plans, negotiating cash collateral and adequate protection agreements, and objecting to discharges.

The Creditor’s Rights Practice Group also represents any company who buys and sells goods or services because if you are owed money, you are a creditor. Thus, the attorneys in the Creditor’s Rights Practice Group have a thorough understanding of state contract law, including the sales provisions of the Michigan Uniform Commercial Code. In addition, the Creditor’s Rights Practice Group has assisted numerous clients on the “front end” of transactions so that the correct language to protect the client is included in quotations, purchase orders, invoices and other contract documents. Of course, all of the experience used to assist financial institutions is also valuable to our non-bank clients. The Creditor’s Rights Practice Group also includes a number of sub-specialties. We have attorneys who are experienced in representing parties involved in the sale of perishable agricultural commodities governed by the federal Perishable Agricultural Commodities Act (“PACA”), in both Federal District Court and the Bankruptcy Court. The PACA can be a powerful tool in seeking repayment to the beneficiaries of the trust created by the PACA.

Also, the attorneys in the Creditor’s Rights Practice Group have experience with all aspects of state and federal taxation and how those issues impact both creditors and those who owe creditors. One of the attorney’s in the Creditor’s Rights Practice Group formerly worked for the Federal Government assisting the Internal Revenue Service.

Finally, the Creditor’s Rights Practice Group can assist its financial clients in matters relating to negotiable instruments, deposit and collection issues, and funds transfer issues, Articles 3, 4 and 4A of the Michigan Uniform Commercial Code.