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Protect Your Finances with an Experienced
Bankruptcy Litigation Attorney

Bankruptcy can be a daunting prospect, but with the right legal representation, it can also serve
as a solution to financial recovery. With the assistance of a seasoned bankruptcy litigation attorney like Micahel A. Fakhoury, you can feel empowered in bankruptcy courts. Thanks to his expertise and personalized guidance, Michael A. Fakhoury has the means to represent you in various court proceedings including bankruptcy litigation. Keep reading to better understand what bankruptcy litigation lawyers can do for you.

Empowering Clients Through Bankruptcy Litigation Expertise

Michael A. Fakhoury brings years of experience and a deep understanding of bankruptcy law to
his practice. He works closely with clients to assess their financial situation and develop effective strategies for debt relief in the context of bankruptcy.

With the assistance of his experienced team of legal advocates, you’ll find that the Law Firm of
Michael A. Fakhoury is dedicated to providing people like you with exceptional bankruptcy
litigation expertise. As specialists in bankruptcy litigation, we approach each case with a
comprehensive angle that is tailored to your unique situation.

Michael A. Fakhoury represents clients who need a comprehensive range of bankruptcy litigation services. From Chapter 7 and Chapter 11 proceedings to Chapter 13 and other bankruptcy-related filings, he also provides representation for those facing litigation, including creditor disputes and preference actions.

Frequently Asked Questions

About How Bankruptcy Litigation Attorneys Can Help You

Looking for answers to some of the most commonly asked questions about bankruptcy
litigation? Keep reading to understand the bankruptcy process, what the eligibility requirements are, and the potential impact that bankruptcy litigation can have on your financial future.

What is Bankruptcy Litigation?

Bankruptcy litigation refers to legal disputes that arise within the context of bankruptcy
proceedings. These disputes can involve various issues, including creditor claims, asset
distributions, preference actions, fraudulent transfers, and objections to bankruptcy plans.

Who Can Initiate Bankruptcy Litigation?

Bankruptcy litigation can be initiated by debtors, creditors, and bankruptcy trustees among other parties who are interested in the matter. Litigation might be necessary to resolve disputes that may arise during the bankruptcy process.

What Types of Disputes Are Commonly Litigated in Bankruptcy Cases?

The various types of disputes that are commonly litigated in bankruptcy litigation include
disputes over the validity of creditor claims. The priority status of creditor claims will also be
reviewed. Other examples include the distribution of assets, objections to bankruptcy plans,
fraudulent transfer actions, and preference actions that strive to recover payments that were
made prior to filing for bankruptcy.

What is a Preference Action in Bankruptcy Litigation?

A preference action is a legal action brought about by a bankruptcy trustee. The goal of
preference actions is to recover payments that were made by the debtor to his or her creditors within a certain period prior to filing for bankruptcy. These payments can be recovered if they are deemed a priority. The same is true about payments that are unfairly disadvantageous to creditors.

Keep in mind that creditors might file adversary proceedings in an attempt to prevent certain types of debt from being discharged. Your lawyer can help you respond to this situation should it arise. That said, in most cases, creditors cannot bring about a claim for breach of fiduciary duty when someone who owes money files for bankruptcy.

What Are the Costs Associated With Bankruptcy Litigation?

The total cost of bankruptcy litigation will differ from one person to the next. This is because they are dependent on the specifics of each bankruptcy litigation case. Your total expenses will be calculated based on your attorney fees, court filing fees, the costs of discovery, expert witness fees, and other monetary expenses that are associated with your bankruptcy proceedings.

When Facing Bankruptcy Litigation, Do I Have To Relinquish My Assets?

If you find yourself facing bankruptcy litigation, whether or not you have to relinquish your assets depends on the type of bankruptcy proceedings you have filed. Furthermore, bankruptcy does not necessarily require you to give up all assets in your name. There are exemptions in every state, and when it comes to bankruptcy filings in New York State, Dutchess County lawyer Michael A. Fakhoury can help you understand what the Fishkill, NY, exemptions entail.

Call For Legal Assistance With Bankruptcy Litigation Today!

Ready to take action and gain control over your finances again? Consider contacting the Law
Firm of Michael A. Fakhoury today to schedule a consultation or call (845) 896-5200. The
wisdom and expertise of bankruptcy litigation lawyer Michael A. Fakhoury can help you explore
how bankruptcy litigation can help you achieve financial freedom.

Contact Us Today

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