David P Lloyd

I rarely write online reviews for a number of reasons, but I feel compelled to share my experience. With the current state of the economy, more and more people might find themselves in financial hardtimes. This being said, there is hope for you if you use the legal system to resolve your issues. T...here is a negative stigma surrounding the bankruptcy process, but most don’t understand that its your constitutional right not to end up in “debtors prison”. This is why the bankruptcy code exists, to prevent a type of indentured servitude to creditors for the rest of your life. If you find yourself feeling trapped with no options out, then pursing this path could be your quickest way to a fresh start. Anyone that is reading this is more than likely backed into a financial corner in some capacity. My situation was very complicated and involved a multi-million dollar business that I had signed personal guarantees on a large business loan. As an entrepreneur, you never think that your business can fail, but sometimes outside circumstances put you in a position that is inescapable. In early 2019, I found myself in this situation, and honestly didn’t have a way forward without numerous lawsuits and hefty debt repayments for my business debt. After looking at nearly all options, I was referred to Mr. Lloyd who was very straight forward, and recommended that I file both a business and personal Chapter 7. After mulling over the options, I was left with little choice but to file, and I can say that the process can be brutal at times, but everything that Mr. Lloyd told me eventually came to fruition. Its truly a deeply emotional thing when you have to close a business that you’ve had for over a decade, but the advice that Mr. Lloyd gave me was exactly what was needed for me to gain a fresh start and a new footing debt free. Working closely with Mr. Lloyd, and Tammy (who is like the glue that holds the office together), I received a discharge of my personal debt, was able to keep all of my belongings (including my house), and wipe the slate clean of all lingering business liabilities. The only unfortunate aspect was that I had a client (that came from a family of attorneys) that decided to pursue an adversary proceeding against my personal Chapter 7. Being that they were attorneys, it was obvious that the cost of going to trial wasn't an issue since they wouldn’t have to pay legal fees. Upon learning that the adversary proceeding was moving forward, I again retained Mr. Lloyd to represent me for the trial. After an exhaustive process with the opposing party (which bordered on being frivolous on their end) we prevailed on all counts with respect to the adversary proceeding. When Mr. Lloyd called to tell me that we prevailed, I was almost in disbelief, and couldn’t be more thankful that I worked with David through the whole process. Make no mistake, I think that going bankrupt should be a once in a lifetime last resort, but if you need to go this route, then Mr. Lloyd is the Attorney that can get you through the process as smoothly as possible. For me, this was almost a two year process, but I now have zero debt, and can move forward with the rest of my life free of the burden of the business debt. I highly recommend Mr. Lloyd, and just know that you aren't trapped, and if you have a relatively simple case, this is usually a straightforward process. There is light at the end of the tunnel!

David P. Lloyd is an Attorney with great in-depth knowledge of the law , Mr. Lloyd is a very hard working old school attorney that is always working , He is a no nonsense / no monkey business attorney and he is conscious of his fees. My wife and I hired Mr. Lloyd after interviewing 10 of the finest a...ttorney's in Cook County Illinois. STRONGLY RECOMEND.

I debated for months on what to do and finally (at the suggestion of two different people) called Mr. Lloyd's office. Talked to Tammy, told her my problem and set up an appointment. Was so confused on what to do however if talking with Mr. Lloyd I decided Chapter 7 was the only option at this poin...t. Mr. Lloyd sent everything in motion. Tammy was so wonderful and helped me throughout the whole process. I was probably a nuisance at times but she never let me down or let me loose faith. Everything worked out the way Mr. Lloyd said it would. So glad I met them and would recommend them highly as they care about you as a person not just a situation or another case. Fair, dependable and compassionate. Will never find anyone better!

I went to Mr Lloyd after debating a very long time about filing Chap 7. He took his time, let me ask as many questions as I wanted and explained to me what happens after I file and what to expect. He also made me feel reassured about his expertise as well as what I could expect from him during this... process. His staff was also always very helpful and answered my questions quickly. Mr Lloyd met me at court, talked me thru what would happen and made this difficult time very, very easy.

I contacted David Lloyd about a potential problem regarding filing bankruptcy and shared real estate with another person. He knew exactly how to handle the situation and clearly explained to me how he would go about it. I then hired him to file a bankruptcy and clear up the real estate problem. I ...definitely recommend David Lloyd!!