Steven L. Higgs, P.C.

9 Franklin Road, Southwest
Roanoke, Virginia  24011-2403


Telephone: (540) 400-7990
Facsimile:   (540) 400-7999
Email: higgs@higgslawfirm.com
Web: www.higgslawfirm.com

Lease Enforcement

The enforcement of lease obligations and lease asset recovery are a growing, specialized and complex area of the law.  Leases may be enforced in either state or federal court, and often involve the prosecution or defense of actions in bankruptcy court.

We have extensive experience in enforcing and defending the rights of lessors both in and out of court, including the prosecution and defense of adversary proceedings in Bankruptcy Court, detinue actions [called "replevin" in some other states] for recovering leased property, UCC-compliant asset liquidation sales, and the collection of deficiencies.

Mr. Higgs is the author of the state law compendium for Virginia maintained by the Equipment Leasing and Finance Association (ELFA) for its members.   The compendium provides state-specific answers to many common legal questions arising in the equipment leasing and finance industry.  Mr. Higgs authored the first Virginia Compendium for ELFA in 2003.  The State Law Compendium may be accessed courtesy of The Higgs Law Firm and ELFA at the ELFA website using the following logon information: Username: Compendium. Password: GuestPass.

The Higgs Law Firm is a founding member of the National Equipment Finance Association (NEFA).  NEFA is a national association serving independent equipment finance companies, lessors and brokers, and was formed through the merger of the United Association of Equipment Leasing (UAEL) and the Eastern Association of Equipment Lessors (EAEL).

The Higgs Law Firm is a member of the Lease Enforcement Attorney's Network (LEAN), a nonprofit organization of law firms who pride themselves on their ability and willingness to represent clients needing assistance in the enforcement of lease obligations, collections, asset recovery and bankruptcy.  LEAN law firms are strategically located throughout the United States.  We can, through this network, assist lessors with their lease enforcement needs throughout the United States.

Lease enforcement matters are usually handled on an hourly fee basis, though in appropriate cases we may be able to represent clients on a contingent fee basis or on a flat fee basis.

Mr. Higgs is Board Certified in Creditors' Rights Law and in Consumer Bankruptcy Law by the American Board of Certification.*

                                  

 

              

 

* The American Board of Certification is accredited by the American Bar Association to certify lawyers in the areas of creditors' rights law and bankruptcy law.  There is no procedure in the Commonwealth of Virginia for approving certifying organizations.

Your lawyer should be Board Certified.

SM                                                                                                                                                                      

Content Copyright © 2005-2009 by Steven L. Higgs and Steven L. Higgs, P.C.  All Rights Reserved.  "The Higgs Law Firm" and the pillar logo are the registered Service Marks of Steven L. Higgs, P.C.  No claim is made for exclusive use of the words "law firm" apart from the service marks.