Teller Levit & Silvertrust

For businesses across Illinois, navigating the intricate landscape of commercial law, particularly when it involves debt recovery, commercial disputes, or bankruptcy, demands legal counsel that is both seasoned and strategic. The complexities of business transactions and the need to protect financial interests require a law firm with a deep understanding of these specific areas and a proven track record of effectively representing commercial clients. In the heart of Chicago, a distinguished firm stands ready to provide just that: Teller Levit & Silvertrust, P.C. With a history stretching back over a century, since its founding in 1920, this firm has been a pillar of commercial legal services, earning a reputation for its dedication to creditors' rights and comprehensive business litigation.

Teller Levit & Silvertrust, P.C., is not merely a legal practice; it is a long-standing institution built on a foundation of expertise in commercial law and creditors' rights. They serve a wide spectrum of businesses, from local enterprises to large corporations and Fortune 500 companies, both within Illinois and on a national and international scale. The firm understands the critical importance of acting quickly and efficiently in commercial debt recovery and is committed to providing high-quality representation that meets the nuanced needs of their clients. This article aims to provide a comprehensive overview of Teller Levit & Silvertrust, P.C., detailing their history, location, the wide array of services they offer, and what makes them a highly suitable choice for local businesses across the Illinois region.

The firm’s extensive experience, spanning over 100 years, speaks volumes about their stability, adaptability, and consistent delivery of quality legal services in a constantly evolving commercial environment. They recognize that commercial legal issues often have significant financial implications and require a focused, results-oriented approach. Their attorneys are skilled in not only traditional litigation but also in alternative dispute resolution methods such as mediation and arbitration, ensuring that clients have various avenues for resolving their matters effectively and efficiently. For businesses in Illinois seeking legal assistance, the assurance of having a firm that is deeply rooted in the local legal community, with a clear understanding of state-specific commercial laws and procedures, is paramount. Teller Levit & Silvertrust, P.C., embodies this, offering not only legal proficiency but also a genuine commitment to the financial well-being and strategic success of their business clients.

While one review mentioned a concern about responsiveness and clarity, another highlighted the firm's consistent performance, stating, "Always a great job with all our collection needs." This indicates a firm that, while perhaps facing challenges in specific instances, consistently delivers on its core promise of effective commercial collections for its clients, which is a critical aspect of their practice. This mixed feedback suggests that while the firm has areas for potential improvement, their fundamental service in collections is valued by long-term clients.

Location and Accessibility

Teller Levit & Silvertrust, P.C., is strategically located in the bustling heart of downtown Chicago, providing convenient access for businesses and individuals throughout Illinois. Their office is situated at 19 S LaSalle St # 701, Chicago, IL 60603, USA. This prime address places them within easy reach of major transportation hubs, including various public transit options, making it simple for clients to schedule in-person consultations.

Being in Chicago's central financial and legal district means that Teller Levit & Silvertrust, P.C., is at the nexus of the state's commercial activity. This strategic location allows them to stay abreast of the latest legal and economic developments relevant to businesses and effectively serve a broad clientele from diverse parts of the state. For those who may require initial discussions remotely, the firm’s readily available contact information facilitates immediate communication, ensuring that initial inquiries and virtual consultations can be arranged with ease. Their central location underscores Teller Levit & Silvertrust, P.C.’s commitment to being a readily available and responsive legal partner for businesses across Illinois, solidifying their role as a trusted resource in commercial law.

Services Offered

Teller Levit & Silvertrust, P.C., offers a comprehensive range of legal services with a strong focus on commercial law, creditors' rights, and related litigation. Their expertise is designed to cater to the diverse needs of commercial clients, from small local businesses to large corporations.

• Commercial Debt Recovery: Assisting businesses in collecting on commercial claims, including breach of contract, sales of goods claims under the Uniform Commercial Code (UCC), collection of outstanding insurance premiums and deductibles, collection of professional fees, and freight collections. They emphasize acting quickly and efficiently in these matters.

• Commercial Litigation: Representing clients in various legal disputes, including breach of contract, fraud, tortious interference, and breach of fiduciary duty. They work to negotiate settlements whenever possible while being prepared to represent clients in court during litigation.

• Creditors' Rights: Protecting the rights of creditors and ensuring they can collect their open receivables to the fullest extent, including representation in bankruptcy proceedings.

• Judgment Enforcement: Handling all types of legal enforcement actions after securing a judgment, such as citations, garnishments, levies, liens, and charging orders. They assist clients in identifying the best strategies for enforcement and ensuring compliance with Illinois laws.

• Asset Recovery/Detinue/Replevin: Assisting clients in recovering assets and managing related legal processes.

• Bankruptcy/Insolvency Representation: Representing creditors' interests in bankruptcy proceedings, ensuring their claims are recognized and protected.

• Arbitration and Mediation: Providing assistance with alternative dispute resolution methods to resolve commercial disputes outside of traditional court litigation, often leading to more efficient and cost-effective resolutions.

• Claims for Collection of Rent and for Eviction (Commercial): Assisting commercial landlords with rent collection and eviction processes.

• Foreign Judgment Registration/Domestication and Enforcement: Helping clients enforce judgments obtained in other states or countries within Illinois.

Features / Highlights

Teller Levit & Silvertrust, P.C., distinguishes itself through several key features and highlights that directly benefit its commercial clients:

• Century of Experience: Founded in 1920, the firm boasts over 100 years of experience specializing in commercial law and creditors' rights, providing a deep reservoir of institutional knowledge and expertise.

• "AV" Rated by Martindale-Hubbell: The firm holds Martindale-Hubbell's highest rating of "AV," signifying very high to preeminent legal ability and very high ethical standards, based on peer reviews.

• Extensive Client Base: They represent a wide spectrum of businesses, including publicly held corporations, insurance companies, financial institutions, leasing companies, shopping center owners, manufacturers, distributors, wholesalers, and closely held companies, showcasing their versatility and breadth of service.

• Active Appellate Practice: The firm has positioned itself at the forefront of developments in commercial and bankruptcy litigation through an active appellate practice.

• Industry Participation and Memberships: Their attorneys are active members of prominent legal organizations such as the Commercial Law League of America, the Illinois Creditors' Bar Association, and various local and state bar associations, reflecting their engagement and leadership in the legal community.

• Technology Integration: The firm combines a tradition of service with up-to-date technology to satisfy the needs and demands of today's sophisticated users of legal services.

• Comprehensive Post-Judgment Services: Their expertise extends beyond securing judgments to effectively enforcing them through various legal actions, which is crucial for successful debt recovery.

Promotions or Special Offers

As a well-established professional legal services firm, Teller Levit & Silvertrust, P.C., does not typically offer public "promotions" or "special offers" in the consumer retail sense. However, their long-standing commitment to providing "high-quality representation that meets our clients' needs" at a professional standard is their core value proposition. Prospective clients are encouraged to contact the firm directly to discuss their specific commercial legal needs and to inquire about their fee structures for services such as commercial collections, litigation, or judgment enforcement. Initial consultations are generally available to assess the case and outline potential legal strategies and associated costs. The true "value" offered by Teller Levit & Silvertrust, P.C., lies in their century of specialized experience, their efficiency in debt recovery, and their ability to navigate complex commercial legal challenges effectively, which can ultimately save businesses significant time and resources.

Contact Information

To learn more about how Teller Levit & Silvertrust, P.C., can assist your business with its commercial legal needs, or to schedule a consultation, you can reach them through the following channels:

• Address: 19 S LaSalle St # 701, Chicago, IL 60603, USA

• Phone: (312) 922-3030

• Mobile Phone: +1 312-922-3030 (This typically indicates the same primary contact number, convenient for direct dialing from mobile devices.)

Conclusion: Why this place is suitable for locals

For businesses across Illinois, particularly those in the Chicago metropolitan area, Teller Levit & Silvertrust, P.C., stands out as a highly suitable and reliable legal partner for all commercial law and creditors' rights matters. Their strategic location in downtown Chicago provides convenient accessibility, ensuring that expert legal counsel is always within reach for companies operating within the state. The firm's profound specialization in commercial debt recovery, litigation, and judgment enforcement directly addresses the critical financial and operational challenges frequently faced by Illinois businesses.

What truly makes Teller Levit & Silvertrust, P.C., suitable for local businesses is their unparalleled century of experience. This long-standing history signifies not only stability but also a deep institutional knowledge of Illinois commercial law and practices. Their "AV" rating by Martindale-Hubbell and active participation in leading legal organizations further solidify their reputation as highly competent and ethical professionals. While one client review highlighted concerns about responsiveness, the consistent positive feedback on their collection capabilities underscores their fundamental strength in their core practice area.

For Illinois businesses seeking legal guidance that is both historically rooted and strategically modern, providing efficient and effective solutions for commercial disputes and debt collection, Teller Levit & Silvertrust, P.C., offers a comprehensive and trustworthy solution. Their dedication to protecting creditors' rights and their ability to navigate complex commercial legal landscapes make them an ideal choice for the diverse and challenging needs of the local business community, fostering financial stability and peace of mind.