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About me

With over thirty-five years of business bankruptcy experience in regional and national cases, Steve advises on all aspects of bankruptcy and out-of-court workouts. He represented the California Public Employees’ Retirement System (CalPERS), the largest creditor in the City of Vallejo chapter 9 case. His recent chapter 11 clients include the Official Committee of Unsecured Creditors in Heller Ehrman, California Department of Transportation, the franchisor of the public-private toll road in the South Bay Expressway Chapter 11 case, Capital Corp of the West, a holding company for a bank seized by state and federal regulators, and several residential and commercial real estate developers. He was special bankruptcy counsel to the California Attorney General in numerous cases, including Pacific Lumber, PG&E, Worldcom, and Enron.


Practice areas


  1. Chapter 11: 100%
    37 years



Hourly ($550-595/hour)

Payment types:


Attorney endorsements

1 total 

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  • Jared B Gaynor

    I'm not sure why Avvo only gives Mr. Felderstein a 6.9 rating, but this attorney is a massively influential person in the bankruptcy bar here in Sacramento. Mr. Felderstein is an expert in all aspects of bankruptcy practice. I have never hesitated in referring business to his firm, and will continue to do so.


    Jared Gaynor
    Relationship: Fellow lawyer in community

Contact info

Felderstein Fitzgerald Willoughby & Pascuzzi LLP

400 Capitol Mall Suite 1450
Sacramento, CA, 95814-4434


We have not found any instances of professional misconduct for this lawyer.
Avvo contributions
Legal answers
Award nameGrantorDate granted
Super Lawyer of Northern CaliforniaSuperLawyers2011
AV Preeminent 5.0 out of 5 Peer Review RatedMartindale-Hubbell2011
Sacramento Debtor/Creditor of the Year 2010Best Lawyers in America2010
Leading Business LawyerChambers & Partners USA Guide2010
NamedWho's Who In American Law1998
Work experience
TitleCompany nameDuration
Adjunct ProfessorMcGeorge School Of Law, University Of The Pacific2001 - Present
PartnerDiepenbrock Wulff Plant & Hannegan, LLP1986 - 1999
Association namePosition nameDuration
California Bankruptcy ForumPast President1999 - 2000
American College of BankruptcyFellow1998 - Present
Sacramento Valley Bankruptcy ForumPast President1994 - 1995
American Bar Association, Business Law SectionMember1975 - Present
State Bar of California, Business Law SectionMember1973 - Present
Legal cases
Case nameOutcome
Heller Erhman Chapter 11 CaseCreditors Committee took control of case and confirmed a plan expeditously that has repaid creditors 39% of their outstanding debt to date.
South Bay Expressway (SBX) Chapter 11Caltrans participated in the formulation and confirmation of a consensual chapter 11 plan that assumed the lease and franchise agreement with a modest contribution from Caltrans.
City of Vallejo Chapter 9 Bankruptcy CaseThe City of Vallejo confirmed a chapter 9 plan that assumed all of its liabilities to CalPERS.
See all legal cases 
Publication nameTitleDate
Practising Law InstituteSingle Asset Real Estate Cases2008
California Continuing Education PublicationsRepresentation of Individual and Small Business Debtors in Chapter 112003
School nameMajorDegreeGraduated
University of California, Hastings College of the LawLawJD - Juris Doctor1973
State University of New York at BuffaloN/ABA - Bachelor of Arts1968
Speaking engagements
Conference nameTitleDate
CEB SeminarsImpact of Bankruptcy on Real Estate2012
Annual SeminarNuts & Bolts of Bankruptcy2011