Michelle Hendler, Shutts & Bowen LLP Miami partner and Co-Chair of the Creditors' Rights Practice Group, was recently featured in a Miami Today article titled “High Interest Rates Trigger Small Business Bankruptcy Filings.”

According to the article, there have been an increasing number of distressed debt situations.

Michelle noted that there is a tendency to see the distressed situation prior to bankruptcy eventually occurring. She stated that “we have seen, in the past year or so, an increasing amount of distressed debt issues,” with the majority of them leading to foreclosure filings. “The trend is diversifying, and it could be mismanagement or the cost were higher than anticipated, which leads to other issues,” said Michelle on the range of asset classes affected by distressed debt issues.

About Michelle G. Hendler

Michelle G. Hendler is a Partner in the Miami office, where she is a Co-Chair of the Creditors' Rights Practice Group. In working to resolve disputes in and outside of the courtroom, Michelle focuses her practice on real estate and creditor's rights litigation matters. She represents lenders, real estate investors, and special servicers in commercial foreclosures, loan enforcement actions, guaranty claims, and note sales, and she represents court-appointed receivers. Michelle also handles a wide variety of commercial matters, including real estate litigation, business disputes, landlord-tenant issues, easements, and domestication and enforcement of out-of-state judgments.