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Professional solutions to complex litigation, bankruptcy cases, and business disputes

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About Richman & Richman LLC

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Appearing in Wisconsin and New York bankruptcy and state courts, and federal (and bankruptcy) courts nationwide

Is your business facing financial distress, bankruptcy, or complex business and financial issues? Richman & Richman LLC is committed to helping our clients find effective solutions out of court, or in court if necessary. We represent individuals, companies, business owners, debtors, creditors, and trustees. Firm leaders Michael Richman and Claire Ann Richman are skilled litigators and bankruptcy lawyers with more than 60 years of combined experience.

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Your trusted bankruptcy and financial litigators

The bankruptcy code is a fundamental part of American law, authorized directly by the United States Constitution. For an individual or distressed business, it can be the difference between personal anguish, misery, or the failure of their business, and successfully overcoming the financial hurdles that stand in their way.

Areas of Practice

Individual chapter 7 cases are designed to permit debtors to liquidate non-exempt assets and achieve a fresh start. Business chapter 7 cases are used to liquidate and wind up businesses that are not able to be restructured and reorganized.
Chapter 11 bankruptcy is used primarily to restructure and reorganize a business debtor. Subchapter V of chapter 11 is particularly helpful for small businesses, and ordinarily much less expensive than a regular chapter 11 case.
Special provisions of the Bankruptcy Code may be used to help restructure family farm businesses, and help them to get out from under crushing debt.
The second most common bankruptcy for individuals, chapter 13, is designed to help individuals restructure their debts by agreeing to payment plans over three or five years.

Commercial litigation and business dispute resolution

Individuals and businesses frequently become involved in disputes and litigation. Where possible, we try to resolve these out of court, but when formal litigation is necessary, we have the experience and skill to maximize the chances of success.

The Track Record

Our record of success with our clients is the most powerful testament to our abilities.

Latest NEWS

August 24, 2026

The Madison, Wisconsin, law firm of Richman & Richman LLC is pleased to announce that attorneys Michael P. Richman and Claire Ann Richman have been selected for recognition in the upcoming 33rd Edition of The Best Lawyers in America®. This publication is one of the most respected peer-reviewed attorney rating

May 12, 2026

The law firm of Richman & Richman LLC is pleased to announce that attorney Eliza M. Reyes has been elected to the Board of Governors of the State Bar of Wisconsin. The State Bar is a professional legal organization that provides services to its members and the public. The Board

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Recent posts

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Richman & Richman LLC: Proud Sponsors and Attendees of the Annual Madison Symphony Orchestra League Fall Gala, Supporting Educational and Community Engagement Programs

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