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.