ASSET RESEARCH AND RECOVERY
Our experience has given us specialized knowledge about identifying, locating, and recovering assets, including assets that a debtor has made efforts to hide, transfer, or otherwise protect from creditors.
We represent creditors and trustees in contested bankruptcy matters, including suits to challenge discharge or dischargeability, avoidance and preference actions, and fraudulent transfer litigation. Among the creditors we represent in bankruptcy are banks and other lenders, landlords, material suppliers, design professionals, contractors, and construction trades.
We handle a variety of business and commercial litigation matters, including internal business disputes, contract claims, and claims involving financing under various debt instruments. We also represent banks and other lenders, construction suppliers, contractors, and subcontractors, and other businesses in collecting money owed, negotiating workouts, and recovering or liquidating collateral, including real estate and equipment.
We have substantial experience with recovering for the victims of fraud, embezzlement, and employee theft, both through insurance and pursuit of the perpetrator and other beneficiaries.
Modern technology has drastically improved the odds of collecting judgments against individuals and small companies. In particular, electronic public records make it much easier to locate debtors and identify potential assets. Mr. Mays has made six-figure recoveries on judgments in many cases, and has done that by pursuing a wide range of assets types – often outside of North Carolina.
Where appropriate and economical, we have the knowledge and experience to put a debtor or property into receivership, or to serve as receiver.
VOIDABLE AND FRAUDULENT TRANSFER LITIGATION
Often, the key to bringing a debtor to the table is catching a voidable transfer of a valuable asset. Modern electronic records make it much easier to find those transfers. We have collected money for clients by pursuing assets transferred to family members, trusts, and foreign companies.