Bankruptcy and Creditors’ Rights

Underwood’s Bankruptcy and Creditors’ Rights Practice Group brings decades of experience to a statewide practice that encompasses all facets of debt enforcement, workout, insolvency, and bankruptcy proceedings. 

We have a deep knowledge of the bankruptcy code and applicable procedures, and we appear in bankruptcy courts, state and federal courts throughout Texas and the Southwest. However, cost effective resolution of distressed debt is always a goal. This practice group includes lawyers who represent commercial interests, but also includes lawyers devoted to navigating consumer and individual issues, including those impacted by recent state and federal legislation.

Our lawyers routinely handle all forms of debt collection and debt enforcement remedies, both judicial and non-judicial, including foreclosures, lien and security interest enforcement, and personal property sequestration. We are also involved in Section 363 sales, including stalking horse representation.

On a selective basis, our lawyers may also represent commercial or agricultural debtors in reorganization proceedings – we have successfully confirmed multiple Chapter 11 plans, including those for publicly traded companies and entities with complex tax considerations.

We also handle trustee litigation, including preferential and fraudulent transfer proceedings, and we have extensive experience in alleged Ponzi scheme cases.

Underwood also brings unique insight to more specialized scenarios, such as agricultural and farm credit workouts and distressed energy assets, by working closely with lawyers from Underwood’s litigation, banking, and agriculture practice groups.