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Deckelbaum, Nelson Attorney

Deckelbaum, Nelson Attorney from Bethesda Maryland works as Bankruptcy Lawyers, Corporate Business Lawyers, Corporate Finance & Securities Lawyers, and Creditors' Rights Lawyers. Feel free to contact us at the following contact information.

3 Bethesda Metro Center Suite 200 Bethesda Maryland, 20814
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(301)961-9200

(301)961-9229

www.deckelbaum.com

ndeckelbaum(at)deckelbaum.com

Last updated 2023-04-21

Specialties of Deckelbaum, Nelson Attorney:
  • Bankruptcy Lawyers
  • Corporate Business Lawyers
  • Corporate Finance & Securities Lawyers
  • Creditors' Rights Lawyers
Bankruptcy Lawyers: Bankruptcy law provides for the development of a plan that allows a debtor, who is unable to pay his creditors, to resolve his debts through the division of his assets among his creditors.The philosophy behind the law is to allow the debtor to make a fresh start, not to be punished for inability to pay debts. Bankruptcy law allows certain debtors to be discharged of the financial obligations they have accumulated, after their assets are distributed, even if their debts have not been paid in full. Some bankruptcy proceedings allow a debtor to stay in business and use business income to pay his or her debts.
Corporate Business Lawyers: A corporate lawyer is also known as In-House Counsel, Staff Attorney, Deputy General Counsel, General Counsel and Chief Legal Officer. Their primary objective is to serve the interests of the corporation, not the owners of the business or the officers who run it. In addition to legal counsel, they may also be called upon to provide business advice. They may practice other areas of law concerning mergers and acquisitions, trademarks, tax law bankruptcy, employment, securities, real estate or international commercial law.
Creditors' Rights Lawyers: Creditors' rights are the procedural provisions designed to protect the ability of creditors—persons who are owed money—to collect the money that they are owed. These provisions vary from one jurisdiction to another, and may include the ability of a creditor to put a lien on a debtor's property, to effect a seizure and forced sale of the debtor's property, to effect a garnishment of the debtor's wages, and to have certain purchases or gifts made by the debtor set aside as fraudulent conveyances. The rights of a particular creditor usually depend in part on the reason for which the debt is owed, and the terms of any writing memorializing the debt.

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