Go to main navigation
4000 Faber Place Drive, Ste 405, North Charleston, South Carolina 29405
FREE CONSULTATION 843-779-6512 843-779-6512

Charleston, South Carolina Bankruptcy Attorney Assisting Creditors

While bankruptcy laws are quite compassionate towards individuals who’ve fallen on hard times, they can be harsh on creditors who are forced to absorb a loss that helps finance the debtor’s fresh start. However, if you’ve received a notice of bankruptcy by someone who owes you money, don’t assume that you have no rights. F. Truett Nettles, II has been helping creditors assert their rights toward debtors in bankruptcy for more than 30 years. He knows the bankruptcy code inside and out and can advise you on the steps to take to improve your chances of being repaid. His is available to assist you in cases related to:

  • Chapter 7 bankruptcy
  • Chapter 11 bankruptcy
  • Chapter 13 bankruptcy

What an “automatic stay” means to a creditor

An automatic stay is an injunction by the bankruptcy court that immediately prohibits creditors from seeking repayment of debts from the debtor. It doesn’t mean you’re out of luck, but it does mean any efforts to recover what you are owed must be directed towards the court. F. Truett Nettles, II assists creditors in reviewing a debtor’s bankruptcy petition to see precisely where opportunities exist for the creditor to advance his claim. He is aggressive in meeting the court deadlines, which come quickly and require detailed responses. He takes the stress off his clients’ shoulders.

Secured versus unsecured debt

A loan that is secured by collateral gives the creditor a lien against a debtor’s asset. This is a huge advantage in bankruptcy court, where secured creditors go to the head of the line. Often the issue is cut and dried, but where there is ambiguity about whether a debt is secured, F. Truett Nettles, II can make the difference to a creditor’s chances of recovery.

The honesty requirement

The U.S. Supreme Court has stated that the Bankruptcy Code “gives to the honest but unfortunate debtor…a new opportunity in life….” If the debtor took on the debt in bad faith or through some kind of dishonest manipulation, he can’t discharge that debt. Likewise, if you believe there is misrepresentation or fraud in the debtor’s bankruptcy petition, such as attempting to hide assets, you must bring those objections to the court. F. Truett Nettles can present a clear and convincing argument to help your cause.

Bankruptcy proceedings move quickly — contact an attorney today!

Especially today, when bankruptcy filings are so numerous, the court is eager to decide cases fast. If you delay asserting your rights, you can easily lose them. Call F. Truett Nettles, II today at 843-577-6233 or