Highland, Indiana Creditors' Rights and Bankruptcy Lawyer

Lake County firm helps clients recover the payments they are owed

No matter how much work your business does, you cannot be successful unless you collect the amounts that are payable for your goods or services. This can be a more difficult task than it seems. Detailed rules govern the collection process, even limiting the manner in which a creditor or agency communicates with debtors. Running afoul of these rules not only threatens a company’s ability to recover their payment, but could lead to legal sanctions. Located in Highland, David M. Blaskovich P.C. represents Indiana creditors in collection actions, including bankruptcy proceedings and foreclosures. We offer determined advocacy that leads to successful results even when the debtor has initiated a bankruptcy action.

Creditors’ rights and default litigation services

David M. Blaskovich, P.C. focuses our creditor’s rights practice on providing the best service in the proceedings to collect consumer and commercial debts, which can include the following actions:

  • Foreclosure of real estate and judgment liens
  • Eviction and ejectment from real estate
  • Replevin, which is an action to repossess collateral such as vehicles, boats and equipment
  • Garnishment of wages and bank accounts
  • Receiverships
  • Sheriff sales
  • UCC sales

We also represent creditors in bankruptcy proceedings, assisting with actions such as:

  • Reaffirmation agreements
  • Stay relief and abandonment
  • Proof of claim/ Valuation/ Cramdown
  • Non-dischargeability actions

Regardless of your particular needs, our firm will press for a proper resolution while maintaining strict compliance with applicable consumer protection laws, including the Fair Debt Collection Practices Act (FDCPA). 

Experienced attorney advocates for creditors in Chapter 7 and 13 proceedings

Individuals and businesses file for bankruptcy protection when they believe that there is no reasonable way they can repay what they owe without a significant change in circumstances. In some cases, debtors file for Chapter 7 bankruptcy, which gives them the ability to discharge non-exempt debts. Other debtors seek Chapter 13 protection, which allows debtors to set up a repayment plan that gives them the ability to satisfy their obligations over a period of three to five years. Either form of bankruptcy requires creditors to halt all collection efforts while the case is pending under what is known as the automatic stay.

Our firm advocates for creditor clients seeking their fair share of a Chapter 7 filer’s existing and liquidated assets. When a debtor petitions for a Chapter 13 plan, we work to ensure that the revised repayment terms give creditors the chance to recoup all of what is owed to them.

Knowledgeable guidance on foreclosure laws and procedures

Lenders that have not been paid in accordance with the terms of the mortgage they provided have the option of executing a foreclosure, but only if they adhere to the state’s stringent laws. For residential foreclosures, the process starts with a pre-foreclosure notice which includes information on the loan and resources for the homeowner in default. Many times, a financial institution decides against foreclosing and opts to modify the loan terms, make a short sale, or accept the deed to the property in lieu of foreclosure. Whether you choose one of these alternatives or decide to complete the legal foreclosure process, our firm will effectively and efficiently guide you through each step. 

Contact an effective Indiana creditors’ rights lawyer for a consultation

David M. Blaskovich P.C. asserts the rights of creditors in Lake County and the entire State of Indiana. To discuss your particular issue and legal options at our Highland office, please call 219-800-2075 or contact us online.