by Ferraro Hancock and Associates | Dec 25, 2025 | News & Resources
What is a secured transaction in the context of creditors’ rights? Victoria Ferraro explains that a secured transaction refers to any credit extension or loan that is backed by collateral. For example, when a borrower finances a car purchase, the creditor takes a lien...
by Ferraro Hancock and Associates | Nov 26, 2025 | News & Resources
What are the key legal changes that occur when a borrower files for bankruptcy? When a borrower files for bankruptcy, an automatic injunction known as the automatic stay immediately goes into effect under 11 U.S.C. §362. Victoria Ferraro explains that creditors should...
