Bankruptcy

Since 2013, Chris McDonagh has represented creditors in Bankruptcy Court (including claims that debts are non-dischargeable in bankruptcy). The following are some of the results obtained.

  • Representation of Secured Creditors
  • Nondischargeable Debts

Representation of Secured Creditors

Represented secured lender in Chapter 11 bankruptcy of debtor.  Reached stipulated agreement regarding disputed debt amount resulting in client’s recovery of $720,000 owed on the loans plus $25,000 attorney’s fees.

Represented secured lender in Chapter 11 bankruptcy of debtor.  Reached stipulated agreement and Bankruptcy Court order to allow debtor to sell the secured property under 11 U.S.C. § 363 resulting in payment to my client of $577,996, which paid in full the debt plus attorney’s fees.

Represented secured lender in Chapter 7 bankruptcy of debtor.  Reached stipulated agreement allowing my client to repossess $327,000 of equipment that secured the debt.

Nondischargeable Debts

Represented investor in securities fraud, breach of fiduciary duty, and fraud litigation against manager of bankrupt company in which my client had invested.  After the manager filed for personal bankruptcy, represented the investor in adversary action in Bankruptcy Court regarding whether the manager owed my client a debt that was non-dischargeable in the personal bankruptcy of the manager.  The case settled shortly before trial. 

Represented lender in adversary action in Bankruptcy Court and established that the judgment owed to my client by the manager of the LLC that had borrowed money from my client was non-dischargeable in the personal bankruptcy of the LLC manager.  The case was settled before trial with the LLC manager’s stipulation and Bankruptcy Court order that the entire amount of the debt the LLC manager owed my client is non-dischargeable under 11 U.S.C. § 523(a)(2)(A) and/or 11 U.S.C. § 523(a)(4).


Disclaimer: Past successes do not guarantee future results. The facts and circumstances of your case may differ from the matters in which results have been provided. Every case is different, and each client’s case must be evaluated and handled on its own merits. Not all results are provided.