Thornley Law Firm, P.C.
Creditors’ Rights Law Firm
Thornley Law Firm, P.C. attorneys have decades of experience addressing the challenges faced by creditors. It is our mission to take the burden and stress off the backs of our clients who must act timely to secure their rights and equipment. Our clients include major national financial institutions, secured and unsecured creditors, businesses, lenders, and equipment lessors who need local counsel to aggressively pursue debtors who breach contractual obligations.
Commercial Debt Collection
We assist our clients in navigating the complex landscape of creditors rights law in the State of Arizona by employing a strategic approach to maximize recovery. We work alongside our clients providing an integrated solution to recovery problems by engaging in demand, negotiations, settlement, and litigation.
Bankruptcy Proceedings
Our expertise in bankruptcy law allows us to represent creditors in bankruptcy cases, safeguarding their interests and advocating for favorable outcomes in bankruptcy proceedings.
Litigation of Leased Property
Often a creative approach to resolving debtor defaults on leased equipment may be necessary due to the interests of all parties involved. We routinely work alongside our clients to place them in a position of leverage for the most advantageous resolution when removing the equipment is not in our clients best interests.
Replevin
We aggressively pursue asset recovery when needed. In Arizona, under A.R.S. § 12-2402 and A.R.S. § 12-2403 a creditor or lessor may recover its collateral before or after the entry of Judgment by requesting the Court issue an order directing the return of the collateral to the creditor. If the request is made prior to the entry of Judgment, the request may be made either with notice and an opportunity for a hearing, or under certain circumstances, without notice.
A provisional remedy may be issued without prior notice if the moving party can establish with particularity by affidavit to the Court’s satisfaction, sufficient facts supporting their claim by any superior court judge or Arizona justice of the peace in any of the following instances:
1) When the party against whom the provisional remedy is sought:
– is about to remove permanently from the state and has refused to secure the debt,
– has secreted property for the purpose of defrauding creditors,
– has disposed of property, wholly or in part, with intent to defraud creditors, or
– is about to dispose of property with the intent to defraud creditors,
2) When the moving party is the owner or lessor or otherwise is lawfully entitled to the possession of the property claimed.
Judgment Domestication
Domestication of foreign judgments in Arizona requires well versed knowledge on avoiding issues relating to the statute of limitations and opposing party marital limitations. When our clients need a judgment domesticated, our experienced attorneys work to ensure that our clients are set up for maximum success should assets be discovered after domestication.
