Commercial banking law

Our Office of Maaron Law Firm provides a comprehensive approach to legal counsel in the commercial law and banking industry including litigation, debt collection, commercial and consumer foreclosures, replevin, and collateral recovery actions, loan workouts, and representation of creditors in bankruptcy.

Our clients include issuers, payment networks, national, international, and community banks, a variety of other financial services providers, and other financial networks.

At Maaron Law Firm you can find confidence and peace of mind in our practice areas knowing that your case is being handled by an experienced banking attorney. We have a long history of successful banking-related recoveries through settlements and verdicts. Contact us today to schedule a time to meet with one of our experienced commercial and banking lawyers.

Fair Debt Collection Act

Various laws restrict the actions of debt collectors. One reason to work with our attorneys at an experienced law firm is to ensure your business does not violate one of these laws and end up sanctioned.

The Fair Debt Collection Practices Act is the main law limiting collection activity. It prohibits :

• Phone calls at unusual hours, such as late at night.
• Repeated phone calls, one after the other.
• Discussing the debt with someone other than the debtor or their attorney.
• Publishing a list of consumers who owe debt.
• Lying or misrepresenting facts about the debt.
• Misrepresenting whether you are an attorney.
• Threatening jail or criminal charges against the debtor.

Violations can result in sanctions and possibly even class action lawsuits. This is a critical reason to hire an experienced banking and debt collection lawyer to represent you.

Creditors face other restrictions, such as the automatic stay in bankruptcy which prohibits any collection activity after a debtor files for protection. Running afoul of one of these restrictions could prove costly.

Creditor Representation in Bankruptcy

Many business relationships end in bankruptcy court. Whether you are an unsecured creditor trying to pursue the collection of a claim or a secured creditor fighting the impairment of your rights, we can help. Our legal team knows bankruptcy proceedings and how to navigate them for our client’s advantage :

• Asking a judge to lift the automatic stay so a secured creditor can foreclose on properly or collateral;
• Seeking the full range of creditor remedies, such as motions for relief, opposition to plan confirmation, and use of cash collateral;

Creditors often feel overlooked in bankruptcy proceedings, but the stakes are high. Many claims are compromised if creditors do not make their voices heard. No creditor should expect the trustee or the judge to put their interests first. Instead, you need a lawyer experienced with bankruptcy law who can use the bankruptcy code to your advantage. Contact Maaron Law Firm today to discuss your case.

Settlement Versus Litigation in the Financial Services Industry

Our clients often face difficult choices regarding whether to pursue litigation or whether to settle a claim outside of court. There might not be one “right” answer—and different clients have unique needs. At Maaron Law Firm, our legal team understands the full array of concerns which animate our commercial clients :

• Litigation costs—The cost to engage in full-scale litigation has only increased, and settlement might prove the better option. For example, electronic discovery for even a modest claim could end up costing thousands of dollars and take a year to finish.
• Reputational concerns—Settling could be a way of preserving proprietary information and maintaining your reputation in the market. We use appropriate non-disclosure agreements to protect intellectual property and other proprietary information, but litigation always represents a risk of exposure.
• Market concerns—Settling might be necessary to maintain your position in the market. Lengthy litigation could drain your company of resources.

Our lawyers have a fine appreciation for the business considerations that go into deciding to bring a lawsuit or how to defend one. We provide efficient legal services to businesses. We add value by helping to protect your business assets and reputation. Call us to discuss your litigation needs in private consultation.

We Sweat the Details So You Don’t Have To Deal With Financial Services Providers

Success in litigation or negotiation requires a full command of the facts. Debt collectors might need to prove the existence of a valid debt, which means having the necessary paperwork. If this is missing, then a judge can dismiss the case. Secured creditors often face issues with security documentation as well. We know how to address them.

When our law firms accept a client, we get to know everything about the case, including any gaps in the evidence to prove your claim.

Your primary focus should be your business. Most of our represented clients are busy and cannot focus on the litigation. We handle cases from start to finish while keeping you apprised of all critical events in the lifecycle of a case so you can participate meaningfully.