As economic conditions change, individuals and businesses often struggle financially and find themselves as a participant in the bankruptcy process. Whether a debtor or creditor, the bankruptcy process requires specialized legal expertise and experience.
Sorling Northrup has the capability and experience to provide representation in all aspects of bankruptcy. The firm has experience in protecting creditors' claims through claim filing, motion practice, and adversary proceedings concerning dischargeability and priority issues. The firm's creditor practice includes representing secured and unsecured creditors, as well as serving as attorney for creditor committees during reorganizations. The firm frequently represents both local and out-of-state creditors in the U.S. Bankruptcy Court for the Central District of Illinois.
Although it represents debtors less frequently, Sorling Northrup has represented corporate debtors in reorganizations and individuals and corporations in liquidations. Debtor practice has included successful Chapter 11 reorganization plans, including reorganizations involving over 100 creditors.
Sorling Northrup attorneys have served as bankruptcy trustees and attorneys for bankruptcy trustees. A Sorling Northrup attorney served as standing Chapter 12 Trustee during a significant surge in farm bankruptcies during the 1980s.
The firm is regularly retained by other counsel to prosecute appeals from the U.S. Bankruptcy Court to the United States District Courts and United States Court of Appeals for the Seventh Circuit, located in Chicago. Firm members are regular presenters at continuing legal education bankruptcy seminars.
The firm's years of experience representing creditors and sometimes debtors place its attorneys among the most experienced bankruptcy practitioners in downstate Illinois.
Sorling Northrup attorneys who practice in this area include: