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Michael Salanick is an active member of the State Bar of California since 2002, representing clients throughout the state, including all counties of Southern California, Northern California, and the Central Valley, with a focus on bankruptcy representation across all four federal bankruptcy districts.
State Bar of California
** For cases involving other state or federal jurisdictions, Michael collaborates with qualified local counsel, serves as co-counsel, or seeks admission pro hac vice for specific proceedings, in accordance with applicable laws and court rules.
Recognizing that financial problems rarely arise from a single issue, Michael addresses the multifaceted challenges clients face—such as medical procedures, creditor calls, wage garnishment, notices of trustee sales, home foreclosures, lawsuits, tax claims, business debts, and commercial lease obligations. He begins with identifying the client’s core problems, available options, legal rights, and pressing timing issues. Next, he develops practical strategies that incorporate effective financial problem strategies, while assessing clients’ financial conditions, assets, debt structures, and long-term objectives. Throughout the entire process, Michael personally guides clients from the initial consultation and legal assessment to negotiation, filing strategies, litigation, settlement, implementation, and resolution. His expertise encompasses:
University of Michigan Law School, Ann Arbor, Michigan
Associate Editor, Michigan Journal of Race & Law
Clinical-Student Attorney, University of Michigan Child Advocacy Law Clinic
University of Michigan, Gerald R. Ford School of Public Policy, Ann Arbor, Michigan
Policy Liaison, Office of Policy Development and Education
Michigan State University, East Lansing, Michigan
Bachelor of Arts, cum laude, 1997


Chapter 7, Chapter 11, and Chapter 13 bankruptcy representation is essential for debtors, creditors, owners, guarantors, and stakeholders. Our services include strategies for addressing financial problems such as loan modifications, forbearance, negotiated resolutions, settlement structures, deed-in-lieu arrangements, and debt reduction, particularly with a focus on Chapter 11 restructuring.

Negotiated resolutions involving loan servicers, secured lenders, and foreclosure exposure often require effective bankruptcy representation. This includes strategies for Chapter 11 restructuring, modified loan terms, deed-in-lieu arrangements, settlement structures, and claim reductions to address financial problem strategies.

Pre-petition assessment, bankruptcy representation, reorganization alternatives, Chapter 11 restructuring, liquidation planning, ownership exposure, and financial problem strategies are all critical components of a comprehensive business closure strategy.

Advised nonprofit housing organizations by providing outside counsel support and guidance on topics including lender claims, asset-backed borrower agreements, and fiduciaries in the context of bankruptcy representation. Assisted with loan programs, compliance systems, governance, and financial risk management, while also addressing collat
Advised nonprofit housing organizations by providing outside counsel support and guidance on topics including lender claims, asset-backed borrower agreements, and fiduciaries in the context of bankruptcy representation. Assisted with loan programs, compliance systems, governance, and financial risk management, while also addressing collateral matters and creditor resolution through effective Chapter 11 restructuring and financial problem strategies.

I provided bankruptcy representation to healthcare-related businesses, advising them on distress, lender and priority issues, financial problem strategies, bankruptcy alternatives, Chapter 11 restructuring, liquidation analysis, and the operational constraints affecting owners, guarantors, and license holders.

Provided bankruptcy representation to closely held companies, their owners, managing members, guarantors, and stakeholders on secured debt, priority disputes, insider issues, and Chapter 11 restructuring alternatives. Developed financial problem strategies, negotiated resolutions, and implemented orderly wind-down strategies.

Managed contested matters and adversary proceedings related to bankruptcy representation, addressing claims, collateral, dischargeability, exemptions, valuations, stay relief, plan treatment, lien issues, and other bankruptcy litigation, including strategies for Chapter 11 restructuring and financial problem strategies.

Provided comprehensive bankruptcy representation for a complex Chapter 11 restructuring, focusing on claims and capital-structure analysis, discovery coordination, litigation development, potential avoidance-action issues, and plan-confirmation strategies to address financial problems.
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700 S. Flower Street · Suite 1000 · Los Angeles, California 90017
Main: (310) 928-3506 or Toll Free: (866) 208-3506
Attorney Michael Salanick is licensed to practice law in California. Any representation in another jurisdiction is subject to applicable law, court rules, association with local counsel where required, and any necessary admission or approval. This website is for general informational purposes and does not constitute legal advice. Representative matters and client reviews are illustrative and do not guarantee, warrant, or predict a particular outcome. Contacting the firm does not create an attorney-client relationship. Do not send confidential information until the firm confirms that no conflict exists and agrees to represent you.
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