23 Green Street, Suite 302, Huntington, New York 11743
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Bankruptcy and creditors’ rights

Although Magnozzi & Kye, LLP has evolved into a full service law firm, our practice was founded upon the representation of creditors.  With over sixty (60) combined years of experience in representing creditors, the attorneys of Magnozzi & Kye, LLP are fully versed in assessing the needs and concerns of creditors.  We know the proper claims to be made on your behalf, as well as how to respond to the myriad defenses asserted by a borrower.  In addition to the filing of an ordinary lawsuit for money, we will often seek to pursue a more aggressive strategy by utilizing other court authorized mechanisms such as:

  • Replevins and seizures of collateral, (i.e. automobiles, trucks, planes, construction equipment, medical equipment)
  • Temporary Restraining Orders
  • Appointment of Receivers
  • Writs of Attachments

Likewise when a business or individual files for bankruptcy Magnozzi & Kye, LLP still has you covered.  If a business or individual files for bankruptcy (be it Chapter 7, 11 or 13), the debts owed to a creditor may be at risk.   In order to protect your rights and interests you need attorneys who are familiar with the Bankruptcy Code and who will aggressively represent your interests.  Here at Magnozzi & Kye, LLP our experienced lawyers will help evaluate your claim and determine a strategy to best ensure that you receive all that you are entitled to as a creditor in bankruptcy.  Such actions normally taken are:

  • Filing of Proofs of Claim
  • Claims Trading
  • Motions for Relief from Stay
  • Motions to Compel Assumption or Rejection of Leases
  • Motions to Approve Cash Collateral
  • Answer and defending adversary proceedings
  • Objections to Chapter 11 or 13 Plans

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