We are a national law and financial services firm utilizing an integrated support team of bankruptcy and collection attorneys, accounting, database programmers, and collection paralegals to accomplish our mission in these specialized areas:

1. Avoidance Claim Analysis and Recovery of Preferences, fraudulent transfers and accounts receivable for bankruptcy estate representatives on contingency fee terms.  This is our original business and is the heart of our practice. Click on Avoidance Claims Analysis and Our Approach To Collections for a full description of our analysis and collection methods.
    
2. Contingency Fee Based Defense of Preference Claims, where our fee is based on either (i) the difference between your present ability to settle the claim and the results we obtain, or (ii) based on the amount of the ordinary course of business exception that we are able to negotiate (or adjudicate).
    
3. Portfolio Collection Services for bankrupt estates and non-bankrupt companies, including secured creditors and commercial credit grantors.
    
4. The Purchase of Preference Claims, judgments, notes, contract rights and royalty streams from bankruptcy estates.
    

A·S·K was established in 1983 by Gregory S. Abrams to represent bankruptcy estates in the recovery of avoidance claims.  A·S·K has gained vast experience in representing hundreds of bankruptcy estates across the country.  We are the nation's leading law firm in avoidance claims analysis and litigation.  Since 2000 A·S·K has recovered more than $150 million from avoidance claims and negotiated claim waivers exceeding a dividend value of $20 million ($170,000,000 total recoveries).  During this time period we settled more than eight thousand (8,000) cases, including settlements over $100,000 in one hundred seventy-eight (178) cases aggregating $53 million.  Twenty-two (22) settlements were for over $500,000 and seven (7) were over $1 million.

The firm has extensive trial and appellate experience in preference litigation.  We have brought litigation in three hundred eighty-one (381) instances where the preference claim exceeded $1,000,000, and have tried approximately twenty (20) cases this decade.  Our litigation head, Joseph L. Steinfeld Jr., has extensive litigation and appellate experience had has argued hundreds of cases at the trial and appellate level, including the Supreme Court.  Mr. Steinfeld is first chair in all litigation exceeding $100,000 at issue and has had numerous million dollar plus verdicts upheld on appeal.  He is nationally recognized in the bankruptcy field as an expert in avoidance litigation.

The firm is co-managed by Gregory S. Abrams and Joseph L. Steinfeld, Jr., attorneys that share an extensive background in the intersection of insolvency and commercial law.  Mr. Abrams is both a specialist in avoidance and collection law and a systems analyst/designer of software programs geared toward organizing data related to analysis, monitoring and prosecution of large portfolios of preference claims.  Our partners have spoken extensively on the Prosecution and Defense of Avoidance Claims, and regularly conduct complimentary in-house firm seminars on the topic.

A·S·K has a national presence with offices in Los Angeles and Minneapolis and a network of local attorneys across the country.  While our network of local counsel assures compliance with local practices, A·S·K attorneys are responsible for all cases.  This assures that cases are aggressively litigated and that our client's reporting requirements are timely satisfied.

Whether it is avoidance claims or receivables, clients need only contract with one firm to handle all nationwide collection matters.  Our centralized system enables clients to efficiently streamline management of their collection claims and representation in bankruptcy matters across the country.

A·S·K is a Life Time Sustaining Member of the American Bankruptcy Institute, and is a member of an regularly attends conferences hosted by the American Bankruptcy Institute, National Association of Bankruptcy Trustees, the California Bankruptcy Forum, the National Association of Bankruptcy Judges, and the Commercial Law League.