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Bankruptcy & Creditor Rights

Bankruptcy & Creditor Rights LawyersFirst and foremost, the bankruptcy and creditors’ rights attorneys at Racine Olson view themselves as problem solvers. For over three decades we have handled thousands of foreclosures, bankruptcies and other troubled loan situations. The attorneys at Racine Olson can assist you, your bank or company through the complex and sometimes confusing options with the goal of protecting your rights, collateral and maximizing your recovery.

The Attorneys at Racine Olson represent creditor clients in matters arising under the United States Bankruptcy Code, the Uniform Commercial Code, and state laws governing secured transactions and Creditors’ rights in both Bankruptcy Court and State Court. Racine Olson represents secured creditors, unsecured creditors, landlords, equipment lessors, trustees, and other parties in commercial and farm bankruptcy cases, foreclosure, and collection procedures under non-bankruptcy law. The firm’s creditor clients include regional banks, national banks, suppliers, farm credit institutions and other commercial enterprises.

The attorneys at Racine Olson have represented secured creditors, unsecured creditors, lessor creditors, mortgage creditors, and trustees in bankruptcy cases to protect and preserve our client’s rights and claims in chapter 11 business reorganizations, chapter 12 farm reorganizations, and chapter 7 liquidation proceedings including prosecution and defense of adversary proceedings, preference claims, obtaining relief from the bankruptcy stay, objecting to a debtor’s discharge, negotiating, drafting and working with debtor’s counsel with regards to cash collateral agreements and proposed plans of reorganization.

When a bankruptcy case is filed under chapter 11, chapter 12 or chapter 7 of the bankruptcy code, creditors must act quickly and efficiently to preserve and enhance their rights with respect to their claim and collateral. Our experienced bankruptcy and creditors’ rights attorneys have extensive experience and can advise creditors how best to protect their rights in a bankruptcy proceeding.

The attorneys at Racine Olson also represent creditor clients in matters arising under the Uniform Commercial Code, state laws and common law governing secured transactions and Creditors’ rights matters. We represent secured creditors, unsecured creditors, equipment lessors, and other parties and interests in commercial litigation, foreclosure, and collection procedures under state and federal law.

We regularly handle state law creditor claims including foreclosure of real estate mortgages, deeds of trust, security agreements and state law liens. Our attorneys also assist in negotiating workout and forbearance agreements.

Our Creditors’ Rights practice also includes representing individuals and business entities in their efforts to collect contractual sums due from account debtors and pursuing rights owed by account debtors.

Our bankruptcy and creditors’ rights attorneys frequently handle:

  • Contested commercial foreclosures
  • Avoidance actions in bankruptcy
  • Non-discharge actions in bankruptcy
  • Fraudulent transfer actions
  • Title and lien priority disputes
  • Prejudgment and post judgment remedies
  • Judgment collection and execution
  • Plans of reorganization
  • Debtor-in-possession financing agreements
  • Cash collateral orders
  • Stay relief litigation
  • Avoidance actions (including preference and fraudulent transfer actions)
  • Contested confirmation hearings
  • Claims objection litigation
  • Non-discharge litigation
  • Issues concerning unexpired leases and executory contracts
Our Commitment

We understand the importance of being responsive to our clients and are dedicated to providing updates promptly on the status of cases and working together closely to develop effective and creative strategies for achieving our clients’ objectives in the most effective and efficient manner possible.

Idaho Law Blog - Bankruptcy & Creditor Rights
Client Reviews
  • ★★★★★

    “Randy has been our family’s attorney for many years. I’ve not only retained Randy to help with our family business, but I’ve used Randy and his firm in more than one complicated issues. I’ve never been disappointed.” Shawn - Previous Client

  • ★★★★★

    Pat George, well there is so much I can say…. EXCELLENT lawyer! He leaves no stones unturned. If you are in need of an excellent Lawyer I would highly recommend Pat George. He turned a life threatening accident into a life changing event.” Personal Injury Client

  • ★★★★★

    The attorneys here are just fantastic my dad and I are big fans…they are the best in Pocatello. I have lived in Poky my whole life” Previous Client

  • ★★★★★

    “I had been to many other law firms concerning my case. They were willing and able to help me out and I feel confident that they will do what is best for me.” Previous Client

  • ★★★★★

    Fred Lewis is very knowledgeable, courteous, and efficient in explaining everything you need to know to help you win your case. He truly cares about you as a person and is on your side. Workers' Compensation Client