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Nicholas B. Bangos, P.A.

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Practice
Areas

  • Bankruptcy

Nick has spent most of his career advising individuals, businesses and property owners under financial distress. Nick is familiar with commercial financing concepts and opportunities and the alternatives, if any, that exist to filing for bankruptcy such as out of court restructurings and work-outs with creditors. The firm represents individuals and businesses in need of debt or bankruptcy relief. The firm also represents creditors, like landlords, private lenders, contractors, HOA’s, judgment creditors, who are affected by bankruptcy filings and other insolvency proceedings. We help individuals and businesses restructure their financial affairs and obtain breathing spell from the pressures of creditors in the face of tough times. Bankruptcy can afford some individuals to the opportunity to cure defaults on their primary residence and modify on income properties, car loans and taxes.

In addition to having substantial experience restructuring debt on distressed real estate, the firm has also assisted with corporate restructuring in the agricultural, airline, construction, health care, hospitality, manufacturing and retail industries and understands the pain points of business owners in a wide variety of business sectors. We have the experience to develop strategies to help our clients withstand life’s challenges and financial landslides. We have also represented investors in bankruptcy assets and frequently represent parties in Chapter 7 (Liquidation), Chapter 9 (Municipalities), Chapter 11 (Individual and Business Reorganization), Chapter 12 (Family Farmer), Chapter 13 (Individual Repayment Plan) and Chapter 15 proceedings (Cross-Border Insolvency Proceedings).

  • Bankruptcy Litigation

Bankruptcy litigation often revolves around representing parties in avoidance actions brought by the trustee. These typically consist of “preference actions”, fraudulent conveyance actions and lien avoidance actions. Fraudulent transfers can occur where the debtor tries to make a transfer with the intent to hinder, delay or defraud creditors, or by the debtor transferring an asset for less than the reasonable value to a creditor or interested party either while the debtor was insolvent or that rendered them insolvent. Automatic stay, lien priority & Strip downs and dischargeability litigation are other forms of common bankruptcy litigation. The firm typically represents secured lenders and landlords who are affected by the automatic stay and disputes with the debtor or trustee and parties who are subject to “clawback” claims by a debtor or bankruptcy trustee.

  • Creditor’s Rights
Even though the firm represents judgment debtors who are faced with a foreclosure, garnishment or levy, the firm also routinely advises and represents parties seeking to collect, obtain and enforce judgments against debtors. The firm is extremely familiar with the Florida exemption laws and the rights of creditors to enforce their judgments by way of foreclosure, garnishment and levy.
  • Business Formation & Transactions
The firm regularly advises clients on choosing the right form of business entities, corporate governance and financing and establishing procedures designed to fit a business’s needs, support growth and prosperity and eliminate the potential for disputes and the potential for litigation down the road. Nick routinely advises and assists clients in the finance, purchase and sale of non-public businesses and substantial assets. The firm has helped clients buy and sell businesses ranging from construction services, property management, restaurants, bars, hotels, gas stations, automobile repair shops and other machinery and equipment, manufacturers, distributors and retailers.
  • Business Litigation and Commercial Disputes

Nick began his career as a prosecutor in the State Attorney’s office and has substantial courtroom experience in jury and non-jury trials. The firm has been involved in a wide range of commercial disputes and business litigation. The firm has experience in litigation including business torts, corporate governance, officer and director misconduct, commercial collections and judgment enforcement, contract disputes, complex fraud matters, fraudulent transfers actions, non-compete agreements, real estate litigation, landlord-tenant litigation.

Nicholas B. Bangos

Nicholas B. Bangos is a law firm whose focus is representing various parties in bankruptcy proceedings, business transactions and business litigation. Nicholas B. Bangos is a native Floridian and has been a member of the Florida Bar Association since 1990. The firm is headquartered on Florida’s Treasure Coast but regularly appears on behalf of its clients throughout Florida and the country. The firm is dedicated to providing top-notch, personalized legal representation for its clients. Legal representation is all about results. Nicholas B. Bangos has been utilizing his substantial trial and business experience to deliver results for the firm’s clients for more than 35 years.

Nicholas B. Bangos is a South Florida native. Nick graduated from Eckerd College in 1986 and obtained his J.D. degree in 1989 from the Cumberland School of Law at Samford University in Birmingham, Alabama. Nick served as law clerk to the Honorable Arthur B. Briskman, United States Bankruptcy Judge from 1989-1990 and 1993-1994. Nick also served as an assistant state attorney in Pensacola, Florida from 1990-1993, where he personally conducted over 70 jury trials. Nick returned to South Florida in 2000, where he was a partner in an international law firm in Miami, Florida from 2000-2006, before forming Nicholas B. Bangos, P.A. Nick’s primary goal is to use the breadth of his large law firm experience to provide superb personalized service and accessibility that only a smaller firm can provide.