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

    11/25/2025

  • Asset

    No

  • 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
No asset

Date filed:  07/29/2025

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

Alleged Debtor

QCD Financial, LLC

3 Grant Square, #212
Hinsdale, IL 60521
DU PAGE-IL

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

 
 
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
11/25/202524CORRECTIVE ENTRY to correct docket text (RE: 22 Declaration Under Penalty of Perjury for Non-Individual Debtors, Summary of Assets and Liabilities, Schedules, Statement of Financial Affairs, Disclosure of Compensation of Attorney for Debtor, Verification, Corporate Ownership Statement). (Gossett, Valerie) (Entered: 11/25/2025)
11/24/202523Order Granting Motion To Extend Time to File Schedules or Provide Required Information (Related Doc # 21).
Incomplete Filings due by 11/24/2025.
Signed on 11/24/2025. (Bowles, Aaron) (Entered: 11/25/2025)
11/24/202522Declaration Under Penalty of Perjury for Non-Individual Debtors, Summary of Assets and Liabilities Non-Individual, Schedules A / B, D,E / F,G,H,, Statement of Financial Affairs for Non-Individual, Disclosure of Compensation of Attorney for Debtor, Verification of Creditor Matrix, Corporate Ownership Statement filed. Filed by Saulius Modestas on behalf of QCD Financial, LLC (RE: 1 Involuntary Petition (Chapter 7)). (Modestas, Saulius) Modified on 11/25/2025 to correct docket text (VG). (Entered: 11/24/2025)
11/10/202521Notice of Motion and Motion to Extend Time to File Schedules or Provide Required Information Filed by Saulius Modestas on behalf of QCD Financial, LLC. Hearing scheduled for 11/24/2025 at 09:30 AM at Appear In Courtroom 642, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Slade. (Attachments: # 1 Proposed Order) (Modestas, Saulius) (Entered: 11/10/2025)
11/03/202520(E)Order Granting Motion to Set (Related Doc # 14 ) (Keith, Cynthia) (Entered: 11/03/2025)
11/03/202519Case Status Hearing Set (RE: 1 Involuntary Petition (Chapter 7)). Status hearing to be held on 12/1/2025 at 10:00 AM at Appear In Courtroom 642, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Slade. (Castellano, Nancy) (Entered: 11/03/2025)
10/20/202518Letter: Letter to alleged debtor to file creditors per order for relief. (RE: 11 Order on Motion for Relief). (Gutierrez, Evelyn) (Entered: 10/20/2025)
10/15/202517Returned Mail (RE: 11 Order on Motion for Relief). (Collins-Mong, Tara) (Entered: 10/15/2025)
10/06/202516Order Setting Briefing Schedule on the City of Chicago's Motion (RE: 14 Motion to Set). Response due by 10/27/2025.Hearing continued on 11/3/2025 at 10:00AM at Appear In Courtroom 642, 219 S. Dearborn St, Chicago, IL 60604 or Using Zoom- Judge Slade. Signed on 10/6/2025 (Molina, Nilsa) (Entered: 10/08/2025)
10/06/202515(E)Hearing Continued (RE: 14 Set). hearing scheduled for 11/03/2025 at 10:00 AM at Appear in Courtroom 642, 219 S. Dearborn St, Chicago, IL 60604, or Using Zoom - Judge Slade. (Castellano, Nancy) (Entered: 10/06/2025)