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Floyd Babbitt, Bankruptcy Attorney in Chicago, Illinois

Over 53 years of legal practice · focused on Bankruptcy, Business, and Civil Rights · 5.0/5 rating from 1 verified client review

PartneratThompson Coburn LLP

Chicago, IL

Practicing bankruptcy in Chicago since 1973.

53+
Years practicing
5.0 ★
1 client review
2
Bar admissions

Are you Floyd Babbitt?

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Quick answer

Floyd Babbitt is a partner based in Chicago, IL. The practice focuses on Bankruptcy, Business, and Civil Rights. Floyd has over 53 years of legal experience. Currently practicing at Thompson Coburn LLP. Rated 5.0 out of 5 from 1 client review.

Based in
Chicago, IL
Experience
over 53 years
Known for
Bankruptcy · Business · Civil Rights
  • Handles Bankruptcy, Business, and Civil Rights matters from Chicago, IL.
  • Over 53 years of practice as a licensed attorney.
  • Recognized with AV Preeminent.

About Floyd Babbitt: Floyd Babbitt is a partner based in Chicago, IL. The practice focuses on Bankruptcy, Business, and Civil Rights. Floyd has over 53 years of legal experience. Currently practicing at Thompson Coburn LLP. Rated 5.0 out of 5 from 1 client review.

Areas of practice

Practice areas handled by Floyd Babbitt

Floyd concentrates on bankruptcy, business, civil rights, creditor rights, and general. Each area below outlines the kind of case Floyd handles, typical outcomes to expect, and how the intake process starts.

Bankruptcy cases in Chicago, Illinois

Floyd takes bankruptcy matters in Chicago, Illinois. Typical engagements include intake calls to scope the issue, review of any records or filings you already have, and a written strategy memo before Floyd agrees to represent you.

Business cases in Chicago, Illinois

Floyd takes business matters in Chicago, Illinois. Typical engagements include intake calls to scope the issue, review of any records or filings you already have, and a written strategy memo before Floyd agrees to represent you.

Civil Rights cases in Chicago, Illinois

Floyd takes civil rights matters in Chicago, Illinois. Typical engagements include intake calls to scope the issue, review of any records or filings you already have, and a written strategy memo before Floyd agrees to represent you.

Creditor Rights cases in Chicago, Illinois

Floyd takes creditor rights matters in Chicago, Illinois. Typical engagements include intake calls to scope the issue, review of any records or filings you already have, and a written strategy memo before Floyd agrees to represent you.

General cases in Chicago, Illinois

Floyd takes general matters in Chicago, Illinois. Typical engagements include intake calls to scope the issue, review of any records or filings you already have, and a written strategy memo before Floyd agrees to represent you.

Biography

About Floyd Babbitt — Over 53 years of Illinois bankruptcy experience

Floyd Babbitt is a partner based in Chicago, IL. The practice focuses on Bankruptcy, Business, and Civil Rights. Floyd has over 53 years of legal experience. Currently practicing at Thompson Coburn LLP. Rated 5.0 out of 5 from 1 client review.

Floyd Babbitt is a lawyer practicing financial markets and services, creditors’ rights, commercial litigation and 2 other areas of law. Floyd received a B.A. degree from North Park College, and has been licensed for 53 years. Floyd practices at Thompson Coburn LLP in Chicago, IL and 1 other location.

Working with Floyd on a bankruptcy matter

Floyd Babbitt is a lawyer practicing financial markets and services, creditors’ rights, commercial litigation and 2 other areas of law. Floyd received a B.A. degree from North Park College, and has been licensed for 53 years. Floyd practices at Thompson Coburn LLP in Chicago, IL and 1 other location.

Who Floyd represents

Floyd reviews new inquiries case-by-case for bankruptcy, business, and civil rights matters in Chicago and the surrounding Illinois area.

Credentials

Floyd Babbitt's legal education and bar admissions

  • Chicago-Kent College of Law, Illinois Institute of Technology

    J.D. · 1972

  • North Park College B.A. cum laude

Jurisdictions

Floyd's state bar admissions

  • Illinois

    1973 · ACTIVE

  • U.S. District Court,

    1973 · ACTIVE

Floyd studied at J.D. in Chicago-Kent College of Law, Illinois Institute of Technology and — in North Park College B.A. cum laude.

Law school and academic background

Floyd completed J.D. in Chicago-Kent College of Law, Illinois Institute of Technology and — in North Park College B.A. cum laude. Formal legal training is one signal of substantive knowledge — the day-to-day practice Floyd runs in Illinois is where that training gets applied to real client questions.

Recognition

Awards, publications, and recognition of Floyd Babbitt

Floyd has received 1 formal recognition from bar associations, industry bodies, and peer-review services.

  • AV Preeminent

Legal awards and honors

AV Preeminent.

Locations

Floyd Babbitt's office in Chicago

Floyd's primary office is at 55 East Monroe Street, 37th Floor, Chicago, IL, 60603. In-person meetings are by appointment; a phone intake usually comes first.

Main office

Thompson Coburn LLP

55 East Monroe Street, 37th Floor

Chicago, IL 60603

Open in Google Maps

Client feedback

Client reviews of Floyd Babbitt — 5.0/5 rating from 1 verified client review

Every review below is from a verified client of Floyd. Reviews cover communication, case outcome, and value — the three signals that matter most when comparing bankruptcy attorneys in Chicago.

5.0

1 client review

Client ratings are sourced from public records and editorial research. Reviews on LawyersListed are accepted from verified clients once Floyd Babbitt claims this profile.

Read all reviews

Hiring guide

How to hire Floyd Babbitt — what to expect in your first consultation

Working with a new bankruptcy attorney should feel structured. Here's how the first two conversations with Floyd usually go, from the moment you request a consult to the day representation begins.

Consultation formats and pricing

Floyd charges for the initial consult. That fee is credited toward representation if you retain Floyd's office.

What to bring to your first meeting

Bring any documents you already have — police reports, medical records, filed pleadings, correspondence from an insurer, a copy of the contract at issue. If you're not sure, err on the side of bringing everything; Floyd will tell you what matters and what doesn't.

Questions to ask a bankruptcy attorney in Chicago, Illinois

A short list to run through before you commit: How many bankruptcy matters have you handled in the last year? What's your fee structure? Who else in the office will work on this? What's your realistic estimate of timeline and range of outcomes? How do I reach you between meetings?

Fees & payment

Fees, payment methods, and consultation options for Floyd

Floyd discusses fees during intake so the arrangement fits the matter. Contingency, hourly, and flat-fee options are all common in bankruptcy practice — ask which fits.

Hourly rates, contingency fees, and flat-fee options

Every bankruptcy matter is priced differently. Simple document review might be a flat fee. Injury litigation is often contingency. Complex commercial disputes usually run hourly with a retainer. Floyd confirms the model in the engagement letter before any work starts.

Payment methods and payment plans

Floyd's office accepts standard payment methods. Ask about payment plans if the retainer is a stretch — many bankruptcy practices work with clients on structured schedules.

Frequently asked

Frequently asked questions about Floyd Babbitt

  • How much does it cost to hire Floyd for a bankruptcy case?

    Cost depends on the type of matter, the fee model (contingency, flat, hourly), and how contested the case becomes. Floyd walks through the likely range during the consult so there are no surprises.

  • Does Floyd offer a free consultation?

    Floyd charges for the initial consult; that fee is credited toward representation if you retain Floyd's office. Some bankruptcy attorneys offer free consults — check Floyd's current terms during booking.

  • How long do bankruptcy cases in Illinois typically take?

    Simple bankruptcy matters can wrap in a few weeks; disputed cases can run 6–18 months from intake to resolution, longer if the matter goes to trial. Floyd gives a realistic estimate for your facts at the consult — vague answers here are a red flag.

  • Can Floyd take my case if I'm outside Chicago?

    Floyd is licensed in Illinois. Matters governed by Illinois law are the natural fit. Out-of-state matters are handled case-by-case, sometimes with local co-counsel. Ask during intake — Floyd will tell you if the case is a fit or refer you to someone closer to your court.

  • What should I bring to my first meeting with Floyd?

    Bring every document that touches the dispute: contracts, correspondence, police or medical reports, filed pleadings, invoices, photographs, insurance letters. Also bring a written timeline of what happened, in your own words. Floyd will filter what matters — over-preparing at intake is always cheaper than needing a second meeting.

  • Is Floyd accepting new bankruptcy clients right now?

    Floyd's intake status shifts week to week. Submit the form; the office will confirm availability or refer the matter out.

Areas served

Bankruptcy attorneys serving Chicago, Springfield and Northbrook in Illinois

Floyd handles bankruptcy matters throughout Illinois. Each city below is a direct link into the search page for verified bankruptcy attorneys in that community.

More counsel

If Floyd's intake is full or the fit isn't right, these bankruptcy attorneys in Chicago handle similar matters. Every profile below is verified and open to consultations.