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Creditors' Rights and Bankruptcy

Krieg DeVault has represented creditors, debtors, and investors in restructurings and insolvency matters throughout Indiana and the nation. Our primary focus is on creditor representation.  We understand fully the perspectives of commercial and institutional lenders regarding loan recoveries and debt restructurings in insolvencies, including cases commenced under Chapters 7, 11, 12, 13, and 15 of the United States Bankruptcy Code. Krieg DeVault’s team of professionals includes three lawyers certified in Business Bankruptcy by the American Board of Certification of Bankruptcy and Creditors' Rights Attorneys, one of whom currently serves as the ABC’s President. The members of Krieg DeVault's Creditors' Rights and Bankruptcy Practice Group have extensive experience in workouts and insolvencies. This background enables us to offer guidance to both institutional and individual creditors in matters ranging from personal bankruptcies to corporate reorganizations on a national scale. Whether the issue is plan confirmation or preference litigation, workouts or asset recovery, our professionals have the experience necessary to help clients navigate the troubled waters of insolvency and pursue their business goals and objectives in a cost effective manner.


  • Loan Workouts
  • Collection and Foreclosure Actions
  • Purchasing and Selling Assets of Troubled Companies
  • Recovery of Collateral for Secured Creditors
  • Negotiation, Litigation and Documentation in Bankruptcy Cases of Plans of Reorganization
  • General Creditor Litigation in State and Federal Court
  • UCC Litigation in State and Federal Court
  • Defense of Preference and Avoidance Actions
  • State and Federal Court Receiverships