team-member

Hugh Ray

Houston, TX

Licensed for 24 years

Law Degree

Awards

Primary Practice Area

Bankruptcy & Debt

Language

English

About

"AV" Peer-Review Rated by Martindale-Hubbell; named "Texas Super Lawyer" and "Rising Star" by Texas Monthly Magazine; named one of "Houston's Best Lawyers" by H-Texas Magazine. Board Certified, Business Bankruptcy Law, Texas Board of Legal Specialization; Member, College of the State Bar of Texas and "Barrister" of American Inns of Court. Member of the American Law Institute.I have compteted in several Houston marathons and one 70.3 Ironman Triathlon, as well as some smaller triathlons.  I spend most of my non-working time with my three young children, who can be as exhausting as any marathon.  When first I talk with a client, my goal is to keep them out of bankrutpcy.  Bankruptcy is truly the last option, and one that I do not recommend lightly.  If a client comes to talk to me sooner (when the financial situation is trending downward and when negative cash flow is just beginning), I can offer them more choices for restructuring their business and less expensive alternatives.  Sometimes people delaty visiting with a bankrutpcy lawyer until it is too late.  Do not let irrational fear guide your business decisions.  Use a level head.  Consult a bankruptcy or turnaround lawyer when you are looking for a turnaround.  You will lose little and stand to gain a great deal from a consultation with someone who has made it his life's work to turnaround struggling businesses and save struggling business owners.  I have represented creditors of all sizes, from massive insititutional lenders to small individual investors.  Generally, as a creditors' counsel, I bring my years of experience to bear in collecting the most money for the least cost.  The aphorism that "one cannot get blood from a turnip" does not require that the prudent creditor simply "write off" bankruptcy debts.  The debtor hopes that you will just go away, but a smart creditor knows his options.  The bankruptcy law provides for extensive scrutiny of the debtor's finances at a moderate cost.  A creditor armed with knowledgable counsel will use the bankruptcy court, the structure of trustees and committess, and the power of effective advocacy to get a useful return.  As the creditor's counsel, my rates are always reasonable, especialy given my expertise.  I charge the same rate for debtor or creditor work - a rate that is substantially lower than that charged by the massive super-firms.   

Practices Areas

Bankruptcy & Debt

Language

English

Contact

Pillsbury Winthrop Shaw Pittman, LLP909 FanninSuite 2000Houston, TX, 77010909 FanninSuite 2000Suite 2000Houston, TX, 77010

Office: N/A

Website: N/A

Reviews

anonymous
February 5, 2008

Mr. Ray is an excellent bankruptcy attorney. Our company highly recommends him and his firm for legal services.

anonymous
February 5, 2008

Mr. Ray is an excellent bankruptcy attorney. Our company highly recommends him and his firm for legal services.

anonymous
February 5, 2008

Mr. Ray is an excellent bankruptcy attorney. Our company highly recommends him and his firm for legal services.