Episode Summary: In this episode, Victoria Ferraro explores how bankruptcy impacts secured transactions and lien rights for creditors. She explains the importance of timely perfection, the differences between Chapter 7 and Chapter 13 lien handling, and what steps creditors must take to protect their secured interests. Victoria also highlights common mistakes that lead to lien loss, practical systems for monitoring UCC filings, and how to respond if a lien’s validity is challenged in bankruptcy court.

Key Timestamps: 00:01 - Show Introduction 00:47 - Definition of Secured Transactions in Creditors’ Rights 02:05 - First Steps for Creditors After a Bankruptcy Filing 04:25 - How Bankruptcy Code Treats Perfected Liens 06:00 - Common Perfection and Title Errors in Bankruptcy Cases 07:30 - Differences Between Chapter 7 and Chapter 13 Lien Treatment 09:45 - Understanding Lien Avoidance and Adversary Proceedings 11:20 - Systems and Oversight for Maintaining Proper Perfection 13:10 - Defending Lien Rights and Responding to Trustee Inquiries 15:00 - Options for Correcting Unperfected Liens After Bankruptcy Filing

About the Show: The Creditors Report with Victoria Ferraro provides practical legal insights for creditors navigating bankruptcy cases in Tennessee. Each episode offers real-world examples and actionable strategies to help creditors protect their secured interests, maintain compliance, and minimize risk in complex financial proceedings.

Episode Summary: In this insightful episode, Victoria Ferraro breaks down the key steps creditors must take to protect their rights during bankruptcy proceedings. She explains the function of the automatic stay, critical deadlines and filings, and the importance of timely proof of claims. Victoria also explores how creditors can navigate Chapters 7 and 13, handle communication with opposing counsel, and address potential fraud or misrepresentation. With over two decades of experience in creditors’ rights and bankruptcy law, Victoria provides practical guidance to help creditors safeguard their interests effectively.

Key Timestamps: 00:01 - Show Introduction 00:53 - Victoria’s Background and Legal Experience 02:00 - Understanding the Automatic Stay and Its Impact on Creditors 03:45 - Key Bankruptcy Notices and Deadlines to Track 05:15 - How Creditors Can Protect Collateral During a Bankruptcy Case 07:00 - Differences Between Chapter 7 and Chapter 13 Proceedings 10:00 - Filing Effective Proof of Claims 12:15 - Best Practices for Communicating with Debtors’ Counsel and Trustees 13:40 - Addressing Bad Faith or Fraud in Bankruptcy Cases 15:05 - Understanding Tennessee’s Unique Bankruptcy District Rules

About the Show: The Creditors Report with Victoria Ferraro offers valuable insights for creditors and financial professionals navigating the complexities of bankruptcy law. Each episode provides expert advice, real-world examples, and actionable strategies to help creditors protect their rights and maximize recovery opportunities.