That part of the practice of law dealing with Creditors’ matters is frequently called Creditors’ Rights. Within the field are numerous activities including filing lawsuits and using other legal collection techniques to collect commercial and consumer debts, representing a creditor's interests in a bankruptcy or insolvency proceeding and foreclosure of commercial or residential real estate in the event of a default.

A creditor’s need for legal advice is essential as there are many laws of which a creditor may not be aware that can cause the creditor significant difficulties as well as the imposition of money damages.

Creditors are subject to the provisions of the Fair Debt Collection Practices Act which carries substantial penalties for violation.

The act of foreclosure is an intricate process requiring diligence and care in order to avoid the negative consequences of error and to achieve the intended result with a minimum of expense an within a reasonable time.

Brod, Goldfarb & Associates has experience representing creditors from numerous areas of the commercial world and stands ready to assist our clients in all endeavors to protect their rights.