Thomas P. Sandquist is a partner in the firm’s Creditor’s Rights and Bankruptcy Department. He also does commercial finance and real estate work, as well as corporate law.
In his practice he regularly assists financial institutions in documenting commercial financing transactions. He also assists financial institutions and other creditors in negotiating loan work outs, as well as representing them in related State Court and Bankruptcy Court litigation.
Tom also provides document preparation and review for loan closings under the Section 504 Loan Program administered by the United States Small Business Administration. He also frequently assists clients with real estate transactions, primarily commercial.
Professional licenses include a license to practice law in both Illinois and Wisconsin. He is also admitted to practice for the District Court for the Northern District of Illinois, and the District Court for the Western Districts of Wisconsin.
Tom is a member of the Winnebago County Bar Association, the Wisconsin State Bar Association, and the American Bar Association. He is also active in the Illinois State Bar Association. He has served on the Section Council for Illinois’ Commercial Banking, Collections and Bankruptcy Section since 1992. During his entire tenure, he has served as the Editor of the Section Council’s Newsletter. Additionally, he served as Chairman of the Section Council in 1999.
Among other honors for his legal work, Tom has been designated as a “Leading Lawyer” for his work in asserting Creditor’s Rights based upon review by his peers.
Tom has been very active in community organizations in the Rockford Area, previously serving as President of the Rockford College Alumni Association. He served on the Board of Directors for RocVale Children’s Home from 1992 through 2001, serving as Chairman of that Board in 1999. Tom also served on the Board of Directors for the Rock River Chapter of the American Red Cross from 2001 – 2006. During that time, he was very active in volunteering for the Red Cross Homeless Shelter in Rockford.
He is a former member of the Milestone, Inc., Board of Directors and served as Chairman of the Milestone, Inc. Board from 2006 – 2008. Both RocVale and Milestone provide residential and program services for individuals with developmental disabilities. Currently, Tom serves on the Board of Directors of the Rockford Symphony Orchestra and the Natural Land Institute.