Business Details
We have been dedicated to providing expert bankruptcy and commercial law services since 1982. Our founder, David P. Lloyd, brings decades of experience, having been admitted to the Illinois Bar after earning his law degree from DePaul University College of Law. We prioritize meticulous representation in personal and business bankruptcy matters, ensuring clients receive tailored solutions. Our commitment to professional excellence is reflected in our membership with the American Bankruptcy Institute, Illinois State Bar Association, and West Suburban Bar Association. We specialize in resolving complex bankruptcy litigation, including preference actions and fraudulent conveyance cases.
Our practice extends to assisting other attorneys with bankruptcy-related challenges in divorce, personal injury, and commercial cases. We maintain the highest standards of integrity and transparency, ensuring clients are fully informed at every stage. By focusing exclusively on bankruptcy and related litigation, we deliver specialized expertise that general practice firms cannot match. Our deep understanding of both federal and state bankruptcy codes allows us to navigate intricate legal landscapes effectively. We are committed to advancing our clients interests through rigorous legal analysis and strategic advocacy.
Our practice extends to assisting other attorneys with bankruptcy-related challenges in divorce, personal injury, and commercial cases. We maintain the highest standards of integrity and transparency, ensuring clients are fully informed at every stage. By focusing exclusively on bankruptcy and related litigation, we deliver specialized expertise that general practice firms cannot match. Our deep understanding of both federal and state bankruptcy codes allows us to navigate intricate legal landscapes effectively. We are committed to advancing our clients interests through rigorous legal analysis and strategic advocacy.
Highlights and features
- We have over 40 years of bankruptcy law experience since our 1982 Illinois Bar admission.
- We maintain active membership in the American Bankruptcy Institute and Illinois State Bar Association.
- We provide specialized representation for bankruptcy trustees and out-of-state practitioners.
- We offer targeted bankruptcy consulting for divorce and personal injury attorneys.
- We deliver court-tested expertise in preference litigation and fraudulent conveyance actions.
Services
Personal Bankruptcy
We guide individuals through Chapter 7 and Chapter 13 bankruptcy processes, helping eliminate debt and protect assets. Our services cater to residents facing financial hardship in western Chicago suburbs and beyond. Clients benefit from personalized strategies that address unique financial circumstances while adhering to federal bankruptcy protections.
Business Bankruptcy
We assist businesses with Chapter 11 reorganizations and commercial debt resolution, preserving operations when possible. Our corporate clients receive tailored insolvency solutions that balance creditor obligations with business continuity needs. We specialize in complex commercial bankruptcies involving multi-jurisdictional considerations.
Bankruptcy Trustees
We represent bankruptcy trustees in litigation involving fraudulent conveyances, preference recoveries, and discharge objections. Our services help trustees maximize estate recoveries while complying with procedural requirements. We focus on Illinois-based litigation where venue restrictions apply, ensuring proper legal jurisdiction.
Corporate Litigation
We defend businesses in bankruptcy-related litigation, including preference claims and automatic stay modifications. Our clients benefit from strategic representation in U.S. District and Bankruptcy Courts for the Northern District of Illinois. We specialize in complex commercial disputes requiring deep bankruptcy code knowledge.
Divorce & PI
We consult with divorce and personal injury attorneys on bankruptcy implications, including dischargeability of support payments and tort claims. Our services help protect client interests during bankruptcy proceedings. We provide critical guidance on modifying automatic stays to access insurance proceeds and structuring settlements to withstand bankruptcy challenges.
