Case number: 1:25-bk-11551 - QCD Financial, LLC - Illinois Northern Bankruptcy Court

Case Information
  • Case title

    QCD Financial, LLC

  • Court

    Illinois Northern (ilnbke)

  • Chapter

    7

  • Judge

    Michael B Slade

  • Filed

    07/29/2025

  • Last Filing

    09/01/2026

  • Asset

    Yes

  • Vol

    i

Docket Header
U.S. Bankruptcy Court
Northern District of Illinois (Eastern Division)
Bankruptcy Petition #: 25-11551

Assigned to: Honorable Judge Michael B Slade
Chapter 7
Involuntary
Asset
Date filed:  07/29/2025
341 meeting:  02/20/2026
Deadline for filing claims:  05/28/2026
Deadline for filing claims (govt.):  05/28/2026

Petitioning Creditor

City of Chicago, Illinois

Chicago City Hall
121 N. LaSalle St., Ste. 400
Chicago, IL 60602
represented by
Elizabeth Conard

121 N LaSalle St
Chicago, DC 60602
312-744-8362
Email: ELIZABETH.CONARD@CITYOFCHICAGO.ORG

David Paul Holtkamp

121 N. LaSalle
Ste. 400
Chicago, IL 60602
312-744-6967
Email: David.Holtkamp2@cityofchicago.org

Laura Lefkow-Hynes

The City of Chicago
121 N. LaSalle St.
Ste 400
Chicago, IL 60602
312-742-0812
Email: laura.lefkow-hynes@cityofchicago.org

Kristina Anne McClure

City of Chicago
121 N LaSalle St
Ste 400
Chicago, IL 60602
312-744-7623
Email: kristina.mcclure@cityofchicago.org

Alleged Debtor

QCD Financial, LLC

3 Grant Square, #212
Hinsdale, IL 60521
DU PAGE-IL
Tax ID / EIN: 00-0000000
represented by
Saulius Modestas

Modestas Law Offices, P.C.
401 S. Frontage Road
Suite C
Burr Ridge, IL 60527
312-251-4460
Fax : 312-277-2586
Email: smodestas@modestaslaw.com

Trustee

Gus A Paloian

Seyfarth, Shaw, Et Al
233 S. Wacker Drive
Suite 8000
Chicago, IL 60606
(312) 460-5360
TERMINATED: 01/13/2026
 
 
Trustee

Ariane Holtschlag, trustee

1245 S Michigan #115
Chicago, IL 60605
773-645-0737
represented by
Ariane Holtschlag

Paulsen & Holtschlag LLC
1245 S Michigan #115
Chicago, IL 60605
773-645-0737
Email: aholtschlag@ph-firm.com

Jeffrey K. Paulsen

Paulsen & Holtschlag LLC
1245 S. Michigan, No. 115
Chicago, IL 60605
847-644-9385
Email: jpaulsen@ph-firm.com

U.S. Trustee

Adam G. Brief

Office of the U. S. Trustee, Region 11
219 South Dearborn
Room 873
Chicago, IL 60604
312-886-5785
 
 

Latest Dockets

Date Filed#Docket Text
08/31/202654Order Granting Application to Employ Donald J Felton, II and Chicago's Real Estate Agency, LLC effect August 7, 2026 (Related Doc # [51]). Signed on 8/31/2026. (OZ)
08/31/202653Order Granting Motion to Approve (Related Doc # [49]). Signed on 8/31/2026. (OZ)
08/31/202652Status Hearing Concluded (RE: [1] Involuntary Petition (Chapter 7), [11] Order on Motion for Relief). (Castellano, Nancy)
08/14/202651Notice of Motion and Application to Employ Donald J. Felton, II and Chicagos Real Estate Agency, LLC as Broker Effective August 7, 2026 Filed by Ariane Holtschlag on behalf of Ariane Holtschlag, trustee. Hearing scheduled for 8/31/2026 at 09:30 AM at Appear In Courtroom 642, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Slade. (Attachments: # (1) Exhibit 1 # (2) Exhibit 2 # (3) Proposed Order) (Holtschlag, Ariane)
07/27/202650Case Status Hearing Continued (RE: [1] Involuntary Petition (Chapter 7), [11] Order on Motion for Relief). Status hearing to be held on 8/31/2026 at 10:00 AM at Appear In Courtroom 642, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Slade. (Castellano, Nancy)
07/27/202649Notice of Motion and Motion to Approve Sale Procedures Filed by Ariane Holtschlag on behalf of Ariane Holtschlag, trustee. Hearing scheduled for 8/31/2026 at 09:30 AM at Appear In Courtroom 642, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Slade. (Attachments: # (1) Exhibit 1 # (2) Exhibit 2 # (3) Exhibit 3 # (4) Proposed Order) (Holtschlag, Ariane)
07/06/202648Order Granting Application to Employ Peter N Metrou and Metrou & Nemiroff, P.C. (Related Doc # [47]). Signed on 7/6/2026. (Hamilton, Annette)
06/23/202647Notice of Motion and Application to Employ Peter N. Metrou and Metrou & Nemiroff, P.C. as Special Counsel Filed by Ariane Holtschlag on behalf of Ariane Holtschlag, trustee. Hearing scheduled for 7/6/2026 at 09:30 AM at Appear In Courtroom 642, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Slade. (Attachments: # (1) Exhibit 1 # (2) Proposed Order) (Holtschlag, Ariane)
06/22/202646Case Status Hearing Continued (RE: [1] Involuntary Petition (Chapter 7), [11] Order on Motion for Relief). Case Status hearing to be held on 7/27/2026 at 10:00 AM at Appear In Courtroom 642, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Slade. (Castellano, Nancy)
05/11/202645(E)Case Status Hearing Continued (RE: [1] Involuntary Petition (Chapter 7)). Case Status hearing to be held on 06/22/2026 at 10:00 AM at Appear in Courtroom 642, 219 S. Dearborn St, Chicago, IL 60604, or Using Zoom - Judge Slade. (Utter, Matthew)