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Lisa P. Sumner

Member

  • (T) 919.573.7423
  • (F) 919.573.7454
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Overview

Lisa is a commercial litigator focusing her practice in the areas of bankruptcy & creditors' rights. She is experienced in representing creditors in a variety of cases, including claims of lender liability, fraudulent transfers and breach of fiduciary duty, as well as in the filing of involuntary bankruptcy petitions. She also advises lawyers on how to avoid or defend against legal malpractice claims related to bankruptcy practice, as well as advises clients regarding asset purchases from a receivership or bankruptcy estate. 

Clients seek Lisa’s counsel to appoint receivers on behalf of creditors or for guidance in out-of-court workouts such as deeds in lieu of foreclosure, loan modifications or substitution of collateral. She has represented federal student loan guarantors for cases where the debtor sought discharge of student loan debt, and has pursued collection of unsecured and secured debts, by means of:

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Education

Duke University, J.D., 1994

University of North Carolina, B.A., 1991,  magna cum laude

Bar Admissions

North Carolina

South Carolina

Virginia

Civic & Professional Memberships
  • President, Turnaround Management Association, Carolinas Chapter
  • Council Member, North Carolina Bar Association, Bankruptcy Section
  • Co-Chair, Executory Contracts, American Bar Association, Business Law Section, Committee on Business Bankruptcy
Recognition
  • Named as 2016 Best Lawyers "Lawyers of the Year" for Raleigh Bankruptcy & Creditor Debtor Rights/Insolvency & Reorganization Law
  • Recognized as one of 2016 North Carolina's Top 50 Women "Super Lawyers"
  • Recognized as a Leading Attorney by Chambers USA: America's Leading Lawyers for Bankruptcy/Restructuring 2014 - 2017
  • Ranked among Super Lawyers magazine's North Carolina "Super Lawyers" (Bankruptcy), 2014-2015; "Rising Stars" (Bankruptcy and Creditor/Debtor Rights), 2009
  • ABA Section of Business Law, Kathryn R. Heidt Memorial Award recipient, 2012
  • Recognized in The Best Lawyers in America®; 2016 Best Lawyers® "Lawyer of the Year" in Raleigh; Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law from 2013-2017
  • Ranked in Business North Carolina magazine's "Legal Elite" (Bankruptcy), 2010-2012, 2014, 2015
  • Recognized as a Triangle "Mover and Shaker" by Business Leader Media, 2009-2010
Overview

Presentations:

"Target Practice: Lenders in the Crosshairs" - NC Bar Association 2015 Bankruptcy Institute (October 2015)

"Legal Malpractice Landmines" - Lawyers Mutual CLE series, Spring 2015

Student Loan Debt: Innovative Solutions in Bankruptcy, 2015 Festival of Legal
Learning, UNC Chapel Hill (February 13, 2015)

This Could Happen to You: Avoidance and Mitigation of Malpractice Claims in
Bankruptcy, NC Bar Association, Annual Bankruptcy Institute, Asheville, NC (November
2014)

Second Annual Constitution Day Legal Forum, Student Loan Law, Columbia, South Carolina (September 17, 2014)

"Risk Management and Best Practices for Lenders in Real Estate Workouts" (USLAW EduNet Telephone Seminar, 2014)

Publications:

Student Loan Primer and Flowchart, U. S. Bankruptcy Court, District of South Carolina website, court Initiative on Financial Education (Launched March, 2015)

Once Bitten, Twice Shy: Restructuring Payment of Past Due Accounts to Avoid Bankruptcy Preference Liability (USLAW Magazine, 2012, pg 34)

When I'm at home, you'll usually find me in the kitchen trying new recipes to feed three hungry children, and frequently asking them to reach something on the top shelf for me now that they're all taller than I am. 

To escape, we love to go camping and hiking with our two dogs.  Enjoying a campfire with family and friends and watching the stars silently twinkle always brings life back into perspective for me. 

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"If opportunity doesn't knock, build a door."  - Milton Berle