Barry A. Solodky, Esq.

Senior Counsel

Barry A. Solodky, Esq. focuses his practice in Bankruptcy and Creditors’ Rights and is also a member of the firm’s Business and Corporate and Real Estate Groups. He brings four decades of experience in all aspects of debt settlement and bankruptcy law. Barry has a reputation for providing timely and practical advice to protect his clients’ interests, preserve value, minimize risk of loss and maximize recovery.

In his practice, Barry assists those facing financial issues by providing evaluations and alternative solutions for bankruptcy such as workouts with creditors, negotiating payment terms and strategies for asset protection. When warranted, he can also assist with business liquidations or make recommendations for other strategic alternatives such as a merger, acquisition or other corporate transaction.

For businesses affected by COVID-19, Barry and the Saxton & Stump team can provide guidance and support regarding Coronavirus Aid, Relief and Economic Security (CARES) Act loans and tax credit eligibility for employers, Paycheck Protection Program (PPP) loans as well as health plans, retirement plans and nonqualified/deferred compensation plans.

Barry also represents secured and non-secured creditors, businesses, vendors, suppliers, bankruptcy trustees, purchasers of assets and individual creditors on small and large claims. He can assist those dealing with debtors or customers with payment issues by providing guidance on how to best apply payments, handle reclamation rights and executory contacts and unexpired leases. He can also assist with preference payment claims by defending preference actions.

Barry previously served 33 years as a court-appointed Chapter 7 trustee providing independent oversight for bankruptcy cases and as counsel for other fellow trustees. He has previously been appointed as a receiver in several cases, managing assets for insolvent businesses during proceedings. Barry is also an appointed mediator in the Bankruptcy Court for the Eastern District of Pennsylvania.

He is regularly invited to lecture on bankruptcy issues and is an annual guest speaker at the Lancaster Bar Association Bankruptcy Seminar.

EDUCATION

Duquesne University School of Law, J.D., 1974  

Boston University, B.A. in Business Administration, 1971  

BAR ADMISSIONS

Pennsylvania

COURT ADMISSIONS

U.S. District Court of the Eastern District of Pennsylvania

U.S. District Court of the Middle District of Pennsylvania

MEMBERSHIPS

Pennsylvania Bar Association

Lancaster Bar Association (former Treasurer)

National Association of Consumer Bankruptcy Attorneys

American Bankruptcy Institute

Middle District Bankruptcy Bar Association

SPEAKING ENGAGEMENTS

“Navigating Uncertain Finances: Non-Bankruptcy and Pre-Bankruptcy Planning Alternatives for Small Businesses,” Gibbel Kraybill & Hess LLP, May 12, 2020

Lancaster Bar Association Bankruptcy Seminar

Pennsylvania Bar Institute Bankruptcy Seminar

Recognitions

Pro Bono Attorney of the Year award from Lancaster Bar Association, 2017 

Select Lawyer, 2014 and 2016 

Recognition Award from former State Senator Mike Brubaker for aiding local community members in a mortgage fraud bankruptcy case, 2008 

Community Involvement

Temple Beth El Lancaster, former board member 

Lancaster Jewish Community Center, former board member 

Manheim Township Parks and Recreation Board, former board member and president  

Relevant Experience

Served as a Trustee for a commercial equipment dealer liquidating over $3 million in assets 

Acted as a liquidating receiver for a machine manufacturer liquidating over $1 million in assets 

Acted as a liquidating receiver for a real estate holding company with over $2 million in assets 

Represented a Chapter 11 debtor in the turf grass business securing a confirmed Plan 

Successfully defended preference claims for creditors in various bankruptcy cases 

Acted as trustee in liquidating and selling numerous restaurants 

Negotiated workouts for a children’s furniture retailer and a bed and furniture retailer 

Served as trustee in a bankruptcy proceeding involving an equipment leasing company that owed $500,000 to its creditors 

Represented a building company in Chapter 7 proceedings  

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Lancaster

280 Granite Run Drive, Suite #300
Lancaster, PA 17601
Phone: (717) 556-1000
Fax: (717) 441-3810

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HARRISBURG

4250 Crums Mill Road, Suite #201
Harrisburg, PA 17112
Phone: (717) 216-5505
Fax: (717) 547-1900

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MALVERN

100 Deerfield Lane, Suite #240
Malvern, PA 19355
Phone: (484) 328-8500
Fax: (484) 713-52410

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