David P. Leibowitz

Top rated Bankruptcy attorney in Chicago, Illinois

Law Offices of David P. Leibowitz, LLC
David P. Leibowitz
Law Offices of David P. Leibowitz, LLC

Practice Areas: Bankruptcy; view more

Licensed in Illinois since: 1974

Education: Loyola University Chicago School of Law

Languages Spoken: English, French, Spanish

Selected to Super Lawyers: 2007 - 2010, 2015 - 2024
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Law Offices of David P. Leibowitz, LLC

3478 N Broadway
Unit 234
Chicago, IL 60657 Visit website


Founder of Lakelaw, a legal practice based in Chicago, Illinois, attorney David P. Leibowitz is an experienced legal professional with close to half a century of experience. Focusing his practice solely on bankruptcy law, he represents individuals, organizations and entrepreneurs throughout Chicago, Northwestern Indiana and Southern Wisconsin. He is proficient in handling both consumer bankruptcy and business matters.

With his profound understanding of Chapter 7 law, Mr. Leibowitz additionally serves as a Chapter 7 trustee for the U.S. District Court for the Northern District of Illinois. In his long course of career, he has worked with a wide range of clientele and has handled bankruptcy matters encompassing a broad spectrum of complexities and intricacies. He has also served as a mediator and has helped many of his clients reach an amicable resolution outside of the courtroom.

Mr. Leibowitz’s high ethical values and commitment to his work are recognized by his peers, and he is rated AV Preeminent* through Martindale-Hubbell, the highest rating given through the organization for an attorney’s achievements. Actively engaged in the community, he passionately and consistently offers pro bono services to the indigent. For the same, he was honored by the United States District Court for the Northern District of Illinois by awarding him the Excellence in Pro Bono Service Award.

A distinguished graduate of Northwestern University of the class of 1970, Mr. Leibowitz obtained a Bachelor of Arts degree in economics from the university. He earned his Juris Doctor degree with honors, cum laude, from Loyola University Chicago School of Law in 1974, while also being a member of the prestigious Alpha Sigma Nu honor society.

David P. Leibowitz is a debt relief agent. He helps people file for bankruptcy relief under the Bankruptcy Code.

*AV®, AV Preeminent®, Martindale-Hubbell Distinguished and Martindale-Hubbell Notable are certification marks used under license in accordance with the Martindale-Hubbell certification procedures, standards and policies. Martindale-Hubbell® is the facilitator of a peer-review rating process. Ratings reflect the anonymous opinions of members of the bar and the judiciary. Martindale-Hubbell® Peer Review Ratings™ fall into two categories – legal ability and general ethical standards.

Practice areas

Bankruptcy: Consumer, Bankruptcy: Business

Focus areas

Bankruptcy Law

  • 60% Bankruptcy: Consumer
  • 40% Bankruptcy: Business

First Admitted: 1974, Illinois

Professional Webpage: https://lakelaw.com/david-leibowitz/

Scholarly Lectures/Writings:
  • TILA is your Friend – NABTalk (2006)
  • Paper and speaker on electronic signatures and other remote access tools in era of COVID-19, Speaker at ABI Midwest Bankruptcy Conference, Electronic Signatures in light of COVID-19, 2020
  • National Association of Bankruptcy Trustees – Thinking outside the Box (2006), Trustee Administration A-Z (2007), Trustee Claims in Predatory Lending (2008)
  • Speaker, Divorce and Bankruptcy - When Does One Specialist Need Another?, American Bankruptcy Institute - Chicago Consumer Bankruptcy Conference, 2011
  • Wisconsin Bar – Predatory Lending, 2008
  • Bankruptcy Aspects of Divorce, IICLE
  • World Bank – International Law Institute – Mongolia Bankruptcy Project (1999-2000)
  • Speaker, Real Estate Mortgage Issues in Bankruptcy, National Association of Bankruptcy Trustees, 2011
  • Presented to plenary session of NACBA and subsequent breakout session on problems arising when mortgage lenders fail to complete mortgage foreclosures, Speaker, Zombie Mortgages, National Association of Consumer Bankruptcy Attorneys, 2015
  • Bankruptcy Claims and Exemptions, IICLE
  • Speaker, Responding to Trustee Concerns in Creditors Meetings, National Association of Consumer Bankruptcy Attorneys, 2011
  • Speaker, Chapter 7 Trustee Issues for Consumer Bankruptcy, Southeast Bankruptcy Law Institute, 2011
  • Speaker, Messy Mortgage Muddles - Mortgage Claim Issues, American Bankruptcy Institute - Annual Spring Meeting, 2011
  • Withdrawals from Tax-deferred Retirement Accounts: Included in Current Monthly Income – June 2008 – American Bankruptcy Institute Journal 12
  • Speaker, Preservation of Electronic Evidence, National Association of Bankruptcy Trustees, 2011
  • Speaker, Ethical Obligations of Bankruptcy Trustees, Minnesota State Bar Association - Bankruptcy Section, 2011
  • Vehicle Ownership Expense Deduction: Fixed Allowance or Cap on Actual Expense? July, August 2008 – American Bankruptcy Institute Journal
  • Speaker, Title 11 meets the Bill of Rights, National Association of Bankruptcy Trustees, 2010
  • Chicago Consumer Bankruptcy Conference "Ethics of Debt Relief Agencies and Consumer Bankruptcy" (2014), American Bankruptcy Institute
  • Current Mortgage Issues in Chapter 13 – Norton's Annual Survey of Bankruptcy Law 2011 (David Leibowitz and Mark Rossi)
  • Annual Spring Meeting – "Beyond HAMP and HARP – What's Next" (2012), American Bankruptcy Institute
  • Norton's Annual Survey of Bankruptcy Law, Author, Residential Mortgage Issues in Consumer Bankruptcy Cases, 2008
  • Chicago Consumer Bankruptcy Conference – Is it or Isn't It – Property of the Estate" (2010), American Bankruptcy Institute
  • Filing Chapter 13, What you need to know (Aspartore Books, 2011)
  • ABI/UMKC Midwestern Bankruptcy Institute – "Representing Small Business Clients" (2009), American Bankruptcy Institute
  • Secured Debt Alone Cannot Constitute Abuse under §707(b)(3) XXVIII American Bankruptcy Institute Journal 9, 38, 39, 75, November 2009
  • American Bankruptcy Institute Commercial Fraud Task Force – Detecting Fraud in Chapter 7 Cases (2007)
  • American Bankruptcy Institute Real Estate Committee – Real estate issues in chapter 7 trustee cases, 2004
  • Arizona State Bar – Predatory Lending (2008)
  • Bankruptcy Court – Eastern District of Wisconsin "Lou Jones Breakfast" "Limitations on Discrimination against Debtors", 2009
  • Aspartore, Author, Filing Chapter 13 - What you need to know, 2010
  • Chicago Bar Association Bankruptcy Committee – Discharge and Discharge ability, 2008
  • Author - Editor in Chief, American Bankruptcy Institute Fraud Manual, American Bankruptcy Institute, 2010
  • Chicago Bar Association – International Bankruptcy, 2002
  • Illinois Mortgage Foreclosure: What you need to Know (Thompson Reuters, 2010)
  • Commercial Law League of America – Bankruptcy Boot Camp, 2008
  • Can a Fully Unsecured Lien be Stripped in Chapter 13 without Discharge, American Bankruptcy Institute Journal (July-August, 2011)
  • Federal Reserve Bank of Chicago – Wisconsin Housing and Economic Development Authority – "Wisconsin Moves Forward to Address Foreclosures" (Mortgage Foreclosure Response), 2008
  • How many heads on Beds are in your chapter 13 household? American Bankruptcy Institute Journal (November 2012)
  • Illinois State Bar – The Corporate Lawyer, "The Business Corporation Act's Remedy for Insolvency", 2011
  • Stern v. Marshall: A Constitutional Conundrum, American Bankruptcy Institute Journal October 2011 (Selected as "Best of the Year Article")
  • Bankruptcy for General Practitioner in Light of BAPCPA, Lake County Bar Association, 2005
  • Fiduciary Duties of Chapter 7 Trustees in Surplus Cases, American Bankruptcy Institute Journal (April 2014)
  • Bankruptcy Aspects of Probate Administration, Lake County Bar Association, 2007
  • Pre-Petition Receiverships Can Impede Real Estate Reorganization, American Bankruptcy Institute Journal (December, 2013)
  • Truth in Lending Act and Other Defenses to Mortgage Foreclosure, Lake County Bar Association, 2008
  • Speaker, Exemptions, Chicago Bar Association - Bankruptcy Committee, 2011
  • Kansas Bar Association – "Mortgage Nuts and Bolts in Bankruptcy", 2012
  • Speaker, Illinois Mortgage Foreclosure Defense, Lake County Bar Association (Illinois), 2011
  • Kenosha County Bar Association – Bankruptcy for General Practitioner, 2007
  • Bankruptcy Aspects of Asset Protection, IICLE
  • Bankruptcy Aspects of Divorce – ABA Family Advocate
  • Minnesota Bar – Trustee Ethics, 2011
  • One Lawyer's Renaissance – ABA Law Practice Management
  • Minnesota Bar – Trustee Duties and Debtor's Responsibilities, 2014
Special Licenses/Certifications:
  • Board Certified by American Board of Certification in Business Bankruptcy and Consumer Bankruptcy
  • Excellence in Pro Bono Service, United States District Court Northern District of Illinois and Federal Bar Association, 2006
  • Successfully represented pro se, senior citizen, debtor in partially discharging substantial portion of his student loans, In re Lewis, Bankruptcy Court, Northern District of Illinois, 2019
  • Alpha Sigma Nu, Jesuit Honor Society
  • Selected as a member of the Leading Lawyers Network
  • Liberty Bell Award, Circuit Court for Nineteenth Judicial Circuit - Lake County, Illinois, 2010
  • Pro Bono Service Award, Lake County Bar Association Volunteer Legal Program, 2007
  • Achieved National Recognition for his work in defending against predatory mortgages
Bar/Professional Activity:
  • United States District Court for the District of Maryland, 2008
  • Co-Chair and principal organizer of American Bankruptcy Institute Consumer Bankruptcy Extravaganza - #CPEX21. This virtual consumer practice continuing legal education event attracted over 1100 participants from throughout the United States and had over 70 sessions over a period of two weeks., 1900
  • American Bar Association - Working Group on Best Practices for Electronically Stored Information in Bankruptcy Cases, 2011
  • Elected to Board of Directors of National Association of Bankruptcy Trustees, 2009
  • Advisory Committee, American Bankruptcy Institute, Chicago Consumer Bankruptcy Conference, 2012
  • Illinois State Bar Association
  • Wisconsin, 2006
  • Editor of NABTalk, publication of National Association of Bankruptcy Trustees, 2011
  • National Association of Consumer Bankruptcy Attorneys
  • Member of Board of Directors of American Bankruptcy Institute, 2015
  • National Association of Bankruptcy Trustees
  • Co-Chair of Fraud Committee of American Bankruptcy Institute, 2010
  • Illinois, 1974
  • Chicago Bar Association
Pro bono/Community Service:
  • Enriquez v. Superintendent Arce 16-CV 05521 Successfully represented inmate at Cook County Jail on civil rights claim that he was deprived of necessities in the course of his incarceration. Matter was settled.  , 2016
  • Won grant from WHEDA for mortgage foreclosure defense in Wisconsin, 2009
  • Trained over 500 attorney in Wisconsin in mortgage foreclosure defense., 2009
  • Served as assignee for the benefit of creditors of AKYR Enterprises, Inc. Liquidated all assets and distributed approximately 13% dividend to unsecured creditors, 2017
Representative Clients:
  • Judgment against Arthur B. Adler for sanctions for violation of the automatic stay in an amount in excess of $140,000, Case 17-11697 decided August 20, 2018, 2018
  • State of Illinois ex re Leibowitz v. Family Vision Care, LLC, et. al. 2020 IL 124754, holding that Trustee of debtor has standing to bring a qui tam action against optometry company that allegedly committed insurance fraud contrary to Illinois law, 2020
  • Trustee In re IFC Credit Corporation Trustee In re Kevin Carney Trustee In re Keystone Mechanical, Inc., 2011
Other Outstanding Achievements:
  • Organizer and co-chair of American Bankruptcy Institute Consumer Practice Extravaganza - a virtual national conference for consumer bankruptcy practitioners attracting over 1100 participants and 70 speakers over a two week period. #CPEX21, 2021
  • Honored as Fellow of Wisconsin Bar Foundation, 2019
Educational Background:
  • Certified as Mediator by Chicago Bar Association, 2021
  • Training as Bankruptcy Mediator at St John’s Law School, New York, NY, 2019
  • JD Cum Laude, Loyola University of Chicago School of Law, 1974
  • Northwestern University, Evanston, Illinois, B.A., Economics, 1970
Verdicts/Settlements (Case Results):
  • In re Gordon Green 21 B 06189 (March 9, 2022 ) In this matter, Bankruptcy Judge Cox held that a Canadian retirement plan was not exempt under Illinois law. This case was affirmed on appeal to the District Court 22-cv-01402 (August 31, 2023)., 2022
  • Leibowitz v. Family Vision Care, LLC 2020 IL 124754 Illinois Supreme Court upheld the right of bankruptcy trustee as relator for the benefit of the State of Illinois to pursue a whistle-blower suit under the Illinois Insurance Claims Fraud Prevention Act (Act) (740 ILCS 92/1 et seq. (West 2016))  , 2022
  • In re REEF. LLC, 20-14704 Bankruptcy, Northern District of Illinois. Obtained an order substantively consolidating Debtor's estate with several other non-debtor series limited liability companies thereby allowing Mr. Leibowitz, as bankruptcy trustee, to avoid a fraudulent transfer of real estate worth over $700,000, 2021
  • State of Illinois v. Family Vision Care, LLC, 2020 IL 124754, Illinois Supreme Court recognizes qui tam private right of action under the Illinois Claims Fraud Prevention Act (740 ILCS 92/1), 2020
  • Leibowitz v. Saleh 1994 Bankr. LEXIS 29 (Bankr. ND IL), 1994
  • In re UNR Industries, Inc. 736 F.2d 1136 – 7th Circuit. 1984 legal representative appeal), 1984
  • In re Straight Arrow Products, Inc. (Chapter 11 creditors committee – 100% plan)
  • IFC Credit Corporation (chapter 7 liquidation of leading national leasing corporation)
  • In re Process Control Technologies (Chapter 11 plan – manufacturing Debtor – plan confirmed resulting in 60% to unsecured creditors and ultimate sale of company for substantial value to debtors' principals)
  • Competed administration of IFC Credit Corporation Chapter 7 bankruptcy case - over $27 million in leases administered, all priority and tax debts paid with dividend to unsecured creditors, 2015
  • In re Clark (Rameker v. Clark), 714 F.3d 559 (7th Cir. 2013) (on brief for amicus NABT – certiorari granted by Supreme Court), 2013
  • Leibowitz v. Parkway Bank & Trust Co. (In re Image Worldwide), 139 F.3d. 574 (7th Cir. 1998)
  • In re Kobus (Bankruptcy – bad faith chapter 13 conversion)
  • Kramer v. Exchange National Bank of Chicago, 118 Ill. 2d 277, 515 N.E. 2d 57, 113 Ill. Dec. 248 (1987)
  • In re McDonough Associates, Inc. (chapter 7 trustee for leading Chicago civil engineering firm and related litigation)
  • In re Wax Trax Records (Chapter 11 – independent recording company plan confirmed after negotiation)
  • In re Delphi Corp – Representation of LG Philips LCD in connection with their multi-million dollar post-petition contract – advised on all aspects of Debtor's reorganization case, now confirmed
  • IFC Credit Corporation v. First Chicago Bank and Trust, 422 B.R. 659 (Bankr. N.D. IL 2010) (Directors and Officers Insurance Injunction Litigation)
  • Represented plaintiff in Owens v. LVNV, landmark case addressing Fair Debt Collection Practice Claims for time barred proofs of claim in bankruptcy - issue now before the Supreme Court in a related case., 2016
  • Leibowitz v. Parkway Bank & Trust Co. (In re Image Worldwide), 139 F.3d. 574 (7th Cir. 1998)
  • Leibowitz v. Tanglis 344 B.R. 563 (Bankr. ND. IL 2006 Bankruptcy – denial of discharge after trial)
  • Gabellini v. Rega 724 F.2d 579 (7th Cir. 1984)
  • Recovered $900,000 settlement from former officers and directors of Goldblatt's Bargain Stores, Inc., 2009
  • In re Michael Sparks (Chapter 11 Debtor – real estate development debtor plan confirmed and fully executed after contested confirmation hearing)
  • IFC Credit Corporation, 633 F.3d 315 (7th Cir. 2011) (bankruptcy court jurisdiction), 2011
  • In re KMart Co. – Representation of 30 counties of the State of Georgia resulting in recovery of millions in ad valorem property taxes
  • Recovered close to $2 million in In re Carney Ponzi Scheme chapter 7 bankruptcy case - featured on CNBC's American Greed, Episode 77, 2016
  • Leibowitz v. Parkway Bank & Trust Co. (In re Image Worldwide), 139 F.3d. 574 (7th Cir. 1998)
Industry Groups:
  • Mediation
  • Receivership
  • Trustee and Fiduciary

Office location for David P. Leibowitz

3478 N Broadway
Unit 234
Chicago, IL 60657

Phone: 312-662-5750


14 Years Super Lawyers
  • Super Lawyers: 2007 - 2010, 2015 - 2024

Certificates and credentials

Attorney resources for David P. Leibowitz

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