Frequently Asked Questions | Michael Moecker & Associates

How do cases come to Michael Moecker & Associates?

A debtor may voluntarily seek assistance
A lawyer or accountant may refer a client
A creditor may refer a debtor who expressed willingness to negotiate
A creditor may ask us to contact a debtor who is known to be expressing financial difficulties in order to call a meeting of creditors

Lawyers and accountants work closely with Michael Moecker & Associates on both sides of the negotiations
If representing a debtor, either may engage Michael Moecker & Associates as a neutral forum for an out-of-court resolution to the client’s problem. Often it is the only recourse other than a more costly, unappealing bankruptcy petition, and it alleviates the administrative burdens on an attorney
Creditors committees often employee an attorney to provide legal advice or draft formal opinions, agreements and other documents

Michael Moecker & Associates is compensated for its work either on a percentage of the proceed of the liquidation basis like a bankruptcy trustee or on a billable hours plus out-of-pockets cost basis, depending on the requirements of the case.
Additional information on fees available upon request