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Chicago Sun-Times
Chicago Sun-Times
National
Stephanie Zimmermann

Illinois’ biggest consumer bankruptcy firm DebtStoppers files for Chapter 11 bankruptcy

Illinois PPP the SunTimes Bulgaria Pandemic Old National Bank Owen Ziliak United States SunTimes
A sign above the office of Semrad Law Firm, which advertises as DebtStoppers, at 11101 S. Western Ave. The company is the biggest bankruptcy law firm in Illinois. And now it, too, has filed for bankruptcy protection. (Owen Ziliak / Sun-Times)

The largest consumer bankruptcy law firm in Illinois and one of the biggest in the country has filed for bankruptcy after taking millions in taxpayer-backed loans meant to help struggling businesses survive the pandemic.

The Semrad Law Firm LLC, which markets itself as DebtStoppers, filed for Chapter 11 bankruptcy on April 26 in Delaware, blaming the COVID-19 pandemic.

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