Chip Ford has 25 years of experience representing institutional lenders and other creditors in all aspects of commercial debt collection and loss mitigation, including loan restructuring, bankruptcy, and litigation to enforce remedies such as foreclosure and receivership. His clients include national and regional banks, commercial mortgage servicers, and purchasers of distressed debt.
Chip also advises and represents clients from a wide range of industries on all aspects of the bankruptcy process, including the purchase and sale of assets under Section 363 of the Bankruptcy Code, Chapter 11 plan confirmation, the assumption and rejection of contracts, and the defense of preference and fraudulent transfer claims. He has completed the American Bankruptcy Institute and St. John University School of Law bankruptcy mediation training, a 40-hour program run by leaders in the field of bankruptcy education.
"He has been excellent to work with – he's knowledgeable, thorough, responsive, and accommodating," one of his clients told Chambers USA, which develops rankings using in-depth interviews and objective research. Chip’s clients and peers consistently rank him among the leading lawyers in North Carolina.
Chip serves as the practice leader for Parker Poe's Financial Restructuring & Insolvency Group.