Adversarial Proceeding2019-06-26T15:11:03+00:00

ADVERSARY PROCEEDING

An adversary proceeding is a lawsuit within a Bankruptcy Proceeding. It occurs when a creditor does not agree to the discharge of his claim or when a Debtor believes a Creditor has devalued the goodwill in the company on purpose.

Attorney’s have been known to bring Adversarial Proceedings against banks in Foreclosures within the Bankruptcy proceeding in order to challenge the banks standing and obtain discovery to make sure there are no defects in the banks security interest in the residence they are foreclosing on.