Hamilton Stephens Steele + Martin Creditor's Rights group
Hamilton Stephens Steele + Martin, PLLC
201 S. College St., Suite 2020
Charlotte, NC 28244
The HSSM bankruptcy group regularly advises creditors on how to structure their credit applications, guarantees, terms and conditions of purchase or sale, purchase money or regular security interests so as to ensure that, when and if insolvency of a customer does occur, the trade creditor is in the best possible position. Advice and guidance is also given on how to collect from an overdue customer in a way which minimizes exposure to preference disgorgement. When a bankruptcy is filed, the firm represents the trade creditor in filing the proof of claim, request for payment for deliveries within the 20 days prior to bankruptcy under §503(b)(9) and request for payment of administrative expenses for post-petition services to the debtor. The firm also monitors the docket for potential objections to trade creditor claims and other actions which might be directed at individual creditors. When a preference action is threatened or filed, HSSM attorneys defend them aggressively, handling such matters in bankruptcy courts throughout the U.S.