Attachment: Securing Vanishing Assets

When a creditor is faced with a customer in default who is actively concealing or attempting to remove assets from the state, prospects of collection can often appear dim. In this situation where time is of the essence, prompt and prudent action can make all the difference. Virginia, like many states, provides a narrowly-tailored remedy to creditors in this pressing circumstance: pre-trial attachment.

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Lis Pendens: Safeguarding Rights in Property under Litigation

A lis pendens, also called a notice of lis pendens or notice of pendency, is a legal tool in Virginia and many other states that can be a powerful device in the right circumstances. Essentially, a lis pendens is a public notice that a suit concerning title to property is pending. This article serves as a summary of lis pendens as it is used in Virginia.

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SLG's Experienced Bankruptcy Section

Bankruptcy is often a confusing matter for creditors, one where the normal principles of debtor-creditor relations are turned upside down.  Shenandoah Legal Group, P.C. represents creditors in bankruptcy courts throughout Virginia.  Secured creditors are often the subject of motions by debtors in bankruptcy, and can be harmed by failing to aggressively protect their interests.

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Detinue in Virginia – How Secured Creditors Can Recover Their Collateral

Since the recession and credit crisis of 2008, a growing portion of my practice involves helping creditors recover their collateral. Virginia, like most states, allows automobile lenders and other secured creditors to use self-help to repossess cars and other collateral, but it seems that since the downturn, many borrowers are either hiding their property or storing it in such a way that the repo man can not get to it.

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