When a borrower defaults or files for bankruptcy, securing the unpaid debt you are owed requires swift, strategic legal action. Protecting creditors' rights involves navigating complex bankruptcy proceedings, enforcing lien priorities, and executing debt collection strategies while complying with strict state and federal regulations. Our attorneys represent lenders, businesses, and individuals to safeguard financial assets, recover funds, and assert their claims.

When a borrower defaults or files for bankruptcy, securing what you're owed requires swift, strategic action. Here are some of the most common reasons creditors seek legal help:
A borrower has defaulted and refuses to pay, requiring a collection claim to obtain a judgment
A debtor has filed for bankruptcy, and the creditor needs to navigate the proceedings to protect their claim
A loan needs to be restructured through a workout, rescheduling payments, or extending the repayment period
A limitations period is approaching, requiring prompt action to preserve the creditor’s claim before it expires
Protecting your interests means navigating bankruptcy proceedings, enforcing lien priorities, and complying with strict state and federal regulations. Here's how we can help:
Represent lenders, businesses, and individuals to safeguard financial assets and recover funds
File collection claims and pursue judgments against debtors who refuse to pay
Assert your claims and enforce lien priorities during a debtor's bankruptcy case
Negotiate loan workouts to modify payment terms when that's the more practical path
Additional scheduling and support:
In Colorado, you typically have six years to file a claim to collect a debt. This time limit is called the statute of limitations and applies to most claims. Once the statute of limitations expires, the debt is considered “time-barred,” meaning you cannot take legal action to collect the debt. However, if you convince the debtor to pay on the time-barred debt, the statute of limitations will reset, enabling you to resume collection efforts.
A collection claim is a legal action taken by a creditor to collect an unpaid debt from a debtor. If someone owes you money and refuses to pay, you can file a collection claim in court. Obtaining a judgment against the debtor will require them by law to pay the debt.
A loan workout is an agreement between the lender and a borrower to modify the terms of a loan. This typically involves rescheduling payments or extending the repayment period to make it easier for the borrower to meet their obligations.