Creditors’ Rights
Rimon's creditors' rights counsel has experience representing banks, credit unions, law firms, accounting firms, small businesses and individuals in the collection of past due accounts. Our knowledge covers a broad range of debtor-creditor circumstances, including secured and unsecured lending transactions, Chapter 11 and Chapter 7 bankruptcies, debtor workouts and concealed assets.
In addition to enforcing creditors' rights, we emphasize effective preventive measures by counseling clients in connection with loan documents, leases, agreements, credit policies, and collection procedures. Our counsel has successfully brought actions in state, federal and U.S. bankruptcy courts. In addition, we regularly counsel clients on risk management and litigation avoidance strategies.
Representative Transactions Handled by Rimon's Attorneys:
- Obtained favorable settlement on behalf of Taiwanese computer chip manufacturer of a $500,000 debt owed by a Silicon Valley purchaser within 90 days.
- Represent Intuit's payroll service with business throughout the United States. Routinely recover funds advanced by the payroll service provider to its clients where the client has not sufficiently supported the payments.
- Represent a Florida tile wholesaler with respect to receivables throughout the United States.
- Represent a Nebraska health care company with respect to receivables throughout the United States.
- Recovered $250,000 from an individual convicted of fraud with respect to a defaulted bank loan.
- Acted on behalf of clients to enforce sister state and foreign judgments in California.
- Represent numerous commercial banks with respect to defaulted bank loans.