For a creditor, filing a proof of claim is the foundation of recovery in bankruptcy. It is the official statement to the court of how much you are owed and why. In many cases it is required before a creditor
Banking & Financial Services Industry Legal Blog
The Banking & Financial Services Industry Legal Blog, published by Jimerson Birr, covers legal issues affecting lenders, creditors, and financial institutions. Topics include judicial foreclosure processes and recovery strategies for private and hard money lenders, regulatory and compliance considerations for private student lending programs, securities fraud litigation focusing on Rule 10b-5 claims, bankruptcy disclosure requirements and their impact on creditor and debtor rights, and recent developments in judgment lien enforcement and exemptions under Florida law. The blog addresses practical legal challenges in loan recovery, student loan financing, securities regulation, bankruptcy asset disclosure, and judgment collection methods, with a focus on applicable statutes, case law, and procedural nuances relevant to financial services practitioners.
Latest from Banking & Financial Services Industry Legal Blog - Page 4
What Creditors Should Watch for in Bankruptcy
Bankruptcy cases move quickly and creditors who fail to monitor developments often lose critical rights. From asset sales and executory contracts to lien enforcement and debtor motions, each stage can affect how much you recover. For landlords, lessors, vendors, banks,…
The Bankruptcy Discharge: What It Means for Business Creditors
When a business files for bankruptcy, one of the first questions creditors ask is whether their claims will survive the process. The answer depends on the scope of the bankruptcy discharge. While debtors often view the discharge as their “fresh…
Priority Disputes in Bankruptcy: Why Creditors Should Pay Attention
When a company files for bankruptcy, there is almost never enough money to satisfy everyone. Creditors of all types such as banks, landlords, lessors, vendors, and taxing authorities submit claims against the estate. Because resources are limited, the bankruptcy system…
Preferential Transfers in Bankruptcy: What Creditors Need to Know
When a business files for bankruptcy, creditors expect to recover only a fraction of what they are owed. Yet the surprise for many creditors is not simply the loss of future payments, but the demand to return payments already received.…
A Creditor’s Guide to Bankruptcy Litigation
Bankruptcy does not mean creditors are powerless. Creditors have significant rights that can protect claims, preserve collateral, and improve recovery if asserted on time. This guide highlights the typical issues creditors face and explains why acting quickly with experienced counsel…
Navigating Recovery for Private Lenders and Hard Money Loan Creditors
What to Know About Judicial Foreclosure, Creative Recovery Strategies, and Debt Collection Risks in Florida
Florida offers robust opportunities for private lenders, but default scenarios are legally complex. A core concept is that Florida follows the lien theory of mortgages.…
New Federal Student Loan Caps: A Game-Changer for Private Lenders
What You Need to Know About the “Big Beautiful Bill” and Emerging Opportunities in Graduate Lending
With the passage of President Trump’s sweeping tax and spending package, the “Big Beautiful Bill,” the federal student loan system has entered a new…
Understanding Rule 10b-5 Claims: Elements and Defenses in Securities Fraud Litigation
In today’s complex financial markets, allegations of securities fraud can have significant consequences for both companies and investors. One of the most important tools in securities litigation is Rule 10b-5, which provides investors with a private right of action to…
