Since bankruptcy account management
typically requires more attorney involvement than other
areas within a creditor’s collection operation,
Bankruptcy Receivables Management (“BRM”) utilizes
various bankruptcy and state court attorneys as an
integral part of its bankruptcy recovery process. BRM’s
pre-legal review begins at its primary office in
Southern California, where BRM’s experienced staff
“bridges the gap” between the credit/collections
department and the bankruptcy process. BRM’s initial
work includes obtaining accurate account information
from its clients and matching it to bankruptcy
information that BRM acquires from multiple sources.
Then, BRM’s paralegal staff begins the process of
assessing the recovery potential on each account,
reviewing the bankruptcy case file and corresponding
appropriately with opposing counsel, gathering
information to determine whether the use of an attorney
will be necessary, and in what capacity that attorney
will be used. In most cases, BRM's professional staff is
capable of resolving cases without litigation, but the
option is readily available if needed.
Once the decision is made to litigate, BRM closely
monitors the case with its attorneys to insure the best
possible result that will lead to recovery for its
clients. In many cases, BRM’s position is bolstered by
the existence of multiple creditor clients within the
same case. Not only is this a cost-effective way for BRM
to litigate, but BRM’s clients also benefit from the
presentation of evidence from multiple sources that
establishes a clearer picture for a bankruptcy judge of
a fraudulent pattern of pre-bankruptcy spending
activity.
The type of work typically performed by BRM’s
proprietary legal network for its clients can include
any of the following:
-
Attending 341A Meetings of Creditors
-
Reaffirmation Hearing Appearances
-
Objections to Valuation of Secured
Property
-
Motions in Bankruptcy Court
-
Adversary Complaints for
Nondischargeability
-
Complaints for Breach of
Reaffirmation
-
Complaints for Possession of Secured
Property
With all of these services at BRM’s
disposal, BRM’s clients quickly gain the reputation of
assertively pursuing their rights in bankruptcy, through
litigation where necessary, without the risk of managing
a potentially costly legal process with no guaranteed
results. For many BRM clients, regardless of whether a
case is litigated or not, if there is no recovery, there
is no fee!
