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Jill C. Walters

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Jill Walters represents financial institutions, alternative finance companies, businesses of all sizes, and individual creditors in bankruptcy cases, adversary proceedings, creditors' rights litigation, workouts, and the general restructuring process.

Professional Biography


Ms. Walters offers clients more than 15 years of versatile experience representing and counseling clients in corporate insolvency, distressed lending, debt restructuring and workouts, and complex Chapter 11 cases. Her clients include secured and unsecured creditors in reorganizations and liquidations nationwide, as well as purchasers and sellers of debt and assets in foreclosure sales, Article 9 sales, and Chapter 11 363 sales. She has extensive experience in bankruptcy litigation centered on the defense of preference and fraudulent transfer actions. Her practice spans multiple sectors, including banking and finance, transportation, real estate, health care, agriculture, construction, manufacturing, hospitality, and retail. 

She regularly represents national and regional bank lenders, specialty ag lenders, and equipment finance companies in Chapter 11 and Chapter 12 proceedings around the country. Additionally, her work focuses on transactions, including forbearances and workouts, and preparing loan modifications and renewals post-default and post-bankruptcy.

Ms. Walters holds leadership positions in the International Insolvency and Restructuring Confederation (IWIRC) and the North Carolina Bar Association. She is also active in the Raleigh community, serving on the board of directors of Note in the Pocket and volunteering for Legal Aid of North Carolina and Haven House Services.

  • Represented a national bank with a defaulted loan portfolio on matters in Florida, Maryland, North Carolina, Tennessee, Texas, South Carolina, and Washington, D.C. Representation included all chapters of bankruptcy, restructuring/workouts, litigation/collection, estate claims, and ancillary litigation.

  • Represented a client in a bankruptcy proceeding on claims resulting from PPE fraud relating to the COVID-19 pandemic and unrecovered thereafter. Traced the client's missing funds to a bank in Vietnam. Currently working with proper federal authorities to recover.

  • Represented a national equipment manufacturer in workout, bankruptcy, replevin, and litigation matters in Maryland, North Carolina, South Carolina, Virginia, and Washington, D.C.

  • Served as national bankruptcy counsel to an equipment finance client in bankruptcy cases filed under all chapters of the United States Bankruptcy Code across the country.

  • Represented a multinational client in litigation related to the Puerto Rico Electric Power Authority bankruptcy case pending in the District of Puerto Rico.

  • Represented a health care association in a threatened adversary proceeding alleging preferential transfers. Successfully raised multiple defenses, resulting in the trustee's decision not to pursue the claims.

  • Listed in North Carolina Super Lawyers in Bankruptcy and Creditor/Debtor Rights (2022 – 2024); Bankruptcy: Business (2025)
  • Listed in Chambers USA as a leading Bankruptcy/Restructuring lawyer in North Carolina (2022 – 2024)
  • Recognized in The Best Lawyers in America® for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law (2022 – 2025)
  • Recognized in Business North Carolina magazine's Legal Elite, Bankruptcy (2021 – 2024)
  • Listed in North Carolina Super Lawyers as a Rising Star (2013 – 2017)
  • Member – International Women's Insolvency and Restructuring Confederation
    • Diversity, Inclusion, and Belonging Committee (2021 – 2024)
  • Member – International Women's Insolvency and Restructuring Confederation – Carolinas Network
    • Board of Directors, Chair (2022 – 2025); Treasurer (2015 – 2022)
  • Member – North Carolina Bar Association
    • Bankruptcy Section Council Member (2018 – present)
    • Bankruptcy Section, Treasurer (2024 – present)
    • Bankruptcy Section, Sponsorship Committee Chair (2019 – 2024)
    • Bankruptcy Section Pro Bono Committee Co-Chair (2017 – 2019)
  • Board of Directors – Note in the Pocket
    • Strategic Planning Committee Chair (2016 – present)
  • Volunteer – Haven House Services (2010 – present)
  • Volunteer – Legal Aid of North Carolina (2008 – present)
  • Alumni Mentor – Michigan State University College of Law (2007 – present)
  • Recognized by the North Carolina Pro Bono Honor Society (2019, 2020, 2021, 2022, 2024)
  • Named to Triangle Business Journal’s 40 Under 40 List (2019)
  • Advisory Council Member – National Democratic Institute (2017 – 2023)
  • Board of Directors – North Carolina Creditors' Bar Association (2015 – 2018)
  • Board of Directors and Treasurer – HopeLine, Inc. (2013 – 2016)
  • Greater Raleigh Chamber of Commerce, Leadership Raleigh (2015)
  • Next Generation Honoree and Participant, 2013 National Conference of Bankruptcy Judges
  • "Ethical Issues Facing Restructuring Lawyers," American Bankruptcy Institute's 2024 Southeast Bankruptcy Workshop, Naples, Florida (July 2024)
  • Panelist – "Motor Vehicles Roundtable," Equipment Leasing and Finance Association's (ELFA) 2024 Legal Forum, Scottsdale, Arizona (May 2024)
  • Panelist – "Chapter 11 Hot Topics," North Carolina Bar Association Annual Bankruptcy Institute, Greensboro, North Carolina (November 2022)
  • "Ethics Still? Always," National Conference of Bankruptcy Judges, 96th Annual Conference, Orlando, Florida (October 2022)
  • "FinTech Trends and Issues Panel," American Bankruptcy Institute, 27th Annual Southeast Bankruptcy Workshop, Amelia Island, Florida (July 2022)
  • "Title 11 in the Time of COVID 19," North Carolina Bar Association, Virtual (July 2021)
  • "(Almost) Everything you Wanted to Know About Executory Contracts," American Bar Association, Fall Meeting, Chicago, Illinois (October 2014)

Education

  • Michigan State University College of Law, J.D., 2007
  • Lake Forest College, B.A., 2004

Admissions

  • North Carolina
  • U.S. Court of Appeals for the Fourth Circuit
  • U.S. District Court for the Eastern, Middle, and Western Districts of North Carolina
  • U.S. Bankruptcy Court for the Eastern, Middle, and Western Districts of North Carolina
  • U.S. Bankruptcy Court for the Southern District of Texas

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