About Todd TurociThe Turoci Bankruptcy Firm is owned and operated by Todd Turoci. The Firm limits its practice to the field of bankruptcy, insolvency, workouts and related civil litigation matters. The Firm has offices in the counties of Riverside, Los Angeles, and San Bernardino. The Firm primarily represents Consumers and Businesses as Debtors and Debtors-in-possession in Chapters 7, 11, and 13.
Todd Turoci is one of the few Certified Bankruptcy Specialists in the Central District and the only one in the Inland Empire, as Designated by the California State Bar.
The firm is owned and operated by Todd Turoci, the firm’s principal attorney. Mr. Turoci has owned his own firm since 1993 and has extensive experience in consumer and business bankruptcies. Mr. Turoci’s responsibilities include, but are not limited to, attendance at initial consultations, 341(a) Meeting of Creditors, Confirmation hearings, and all other court hearings.
Mr. Turoci conducts research, prepares and files applications to employ professionals and applications for attorney compensation, as well as motions for the interim use of cash collateral, motions to value, Chapter 11 and 13 plans of reorganization and disclosure statements.
Mr. Turoci supervises associate and paraprofessional work which may include preparing petitions, schedules, and other documents that are critical to the success of each case; and ensuring compliance with the Bankruptcy Code and Local Bankruptcy Rules.
Mr. Turoci’s Chapter 11 experience consists of several cases, many with confirmed plans of reorganization.
- In re: American Publishing Corp., 06:99-bk -13768, plan confirmed on February 25, 2000. American Publishing Corp. had a significant number of creditors and the annual sales which exceeded $17 million.
- In re: DiCarlo, 06:99-bk-12227, plan confirmed on June 27, 2000, involved a family estate primarily consisting two real estate assets. In this matter the debtor’s sold real property with a value in excess of 1 million dollar and exchanged it for another investment property utilizing a tax deferred 1031 exchange.
- In re: Tommy Lee Cooks, 06:02-bk- 27954, involved an estate consisting of over 50 real estate assets. The debtor in this matter suffered from the real estate crunch which occurred in 2001 and 2002. The Chapter 11 case allowed debtor time and relief to successfully sell certain properties, taking advantage of the increase market value, and pay his delinquent creditors in full without the need for a confirmed plan of reorganization.
- In re: Dansereau Health Products, Inc., 06:03-bk-10732, plan confirmed on January 21, 2004, involved a large dental equipment manufacturing corporation which, as a result of significant decline in business after September 11, 2001, found itself unable to pay its creditors and faced having to close its doors and terminate its employees. After intense litigation and negotiation, a successful plan of reorganization was implemented and over forty (40) employees were able to retain their jobs.
- In re: Madrid, 06:15-bk-12646-MJ, case involved in a hotly contested litigation with a secured creditor. In re: BSA International Aerospace, Co., 06:15-bk-18644-SC.
- In re: Chapman, 06:13-bk-25725-MJ, In re Coleman, 06:15-bk-20306-MJ,
- In re: Pinnacle Innovation, Inc., 06:16-bk-10735-WJ.