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602.271.9090 MAIN
602.222.4975 DIRECT
602.222.4999 FAX
3636 North Central Avenue
Suite 700
Phoenix, Arizona 85012



Bankruptcy and Reorganization
Creditor Rights
Loan Workouts
Business and Financial Restructuring
Real Estate
Loan Documentation
Buying and Selling of Businesses
Automobile Dealership Law
Credit Union Law


John Marshall Law School, J.D. with honors 1975
Antioch College, B.A. 1972


Ninth Circuit Court of Appeals

Assisted By

Kathleen Stephens


David Wm. Engelman brings a longstanding commitment to efficient and effective client service developed over 25 years as a solo practitioner and 17 years managing a small firm. He integrates that style with a similar commitment  to providing quality legal services to his clients. The success of this approach is evidenced by the retention of clients for over 35 years.

David is an experienced attorney whose practice focuses on commercial law. He has engaged in a wide variety of areas over his career, including banking and credit union law, loan and contract drafting, bankruptcy representation for commercial creditors and debtors, loan workouts, and business and agricultural matters.  David currently concentrates his practice areas to business deals, including buying and selling businesses, banking and credit union matters, loan originations, loan workouts, complex business disputes, and commercial bankruptcy matters.


To build and maintain long-lasting successful business relationships by offering personalized and individualized service designed to meet the client’s needs.



Appliance Wholesalers

Automobile Dealerships

Commercial Lenders


Cattle and other Farmers

Financial Institutions

Golf Courses

Hard Money Lenders

HUD – Affordable  Housing

Financial Investors


Real Estate Developers

Small Business Owners






Credit Union


Hospitality and Lodging


Real Estate



Bar Associations

State Bar of Arizona

Bankruptcy Section

Former Pro Bono Chairman

Former Chairman of Judicial Relations Committee

Maricopa County Bar Association

American Bar Association

Law Practice Management

American Bankruptcy Institute



Selected to Southwest Super Lawyers, Creditor Debtor Rights, Bankruptcy, Closely Held Business, 2008 – 2018

William Morris Pro Bono Service Award, Arizona Bar Foundation, 2004

William Birmingham Clinic Services Award, Volunteer Lawyers Program, 1995 and 1999

Frank Gordon Traveling Award for Volunteer Attorney of the Year, Volunteer Lawyers Program, 2009

Pro Bono Attorney of the Year, Arizona Supreme Court, 2010

Recipient of the Golden Rule Award from Arizona Interfaith Movement, 2012


Career Highlights

Representation of numerous lenders and borrowers in commercial and agricultural loan origination matters, including drafting and negotiating loan agreements and related commercial finance documents.

Representation of lenders and borrowers in loan workouts, including negotiating and drafting forbearance and modification agreements.

Representation of lenders in commercial foreclosure matters, including handling trustee sales and follow up deficiency actions.

Conversion of federally chartered credit unions to state chartered credit unions.

Representation of a large credit union, handling all its bankruptcy files, loan disputes, regulatory issues, title disputes, and day-to-day general legal matters. Drafted various documents for the credit union, including loan documents and motor vehicle dealer finance agreement.

Representation of various farmers in chapter 11 and chapter 12 bankruptcies, with positive outcomes.

Successfully represented a new homebuilder in the orderly Chapter 11 liquidation of its partially constructed homes.

Represented an owner of an apartment complex in successful business reorganization, permitting the client to sell the complex for a tidy profit.

Representation of a major resort through bankruptcy.

Represented a purchaser in the acquisition of $40 million worth of assets from a bankrupt fiber optic business. This involved the negotiation with over 25 different lessors and contractors to adjust and resolve lease and contract disputes, as well as the negotiation with various mortgagees of real property.

Representation of a creditors’ committee in the Chapter 11 case of a primary school and nursery school holding company, resulting in the successful sale and spin-off of schools as going concerns.

Successful bankruptcy liquidation of medical provider company. Representation of asset purchasers from various bankruptcy estates. Drafting and reviewing numerous commercial loans on behalf of lenders.


Published Opinions

First Southern National Bank v. Sunnyslope Housing Limited Partnership (In re Sunnyslope Housing Limited Partnership), _ F.3d _, (9th Cir. May, 2017)

In re Sunnyslope Housing Limited Partnership, 2012 WL 603573 (B.A.P. 9th Cir. 2012)

In re Bender, 586 F.3d 1159 (9th Cir. 2009)

National Union Fire Ins. Co of Pittsburgh, Pa. v. Greene, 195 Ariz. 105, 985 P.2d 590 (Ariz.App. Div 1, 1999)

Oyakawa v. Gillette, 175 Ariz. 226, 54 P.2d 1212 (Ariz. App. Div. 1, 1993)



Speaker and panelist at bankruptcy seminars

Conducts bankruptcy tutorials for new attorneys

Business Law adjunct teacher at Phoenix College (1990-1995)


Community Service

Active in various charitable and civic matters in the community for over 40 years

Current member of Volunteer Lawyers Program Advisory Board

Currently supervises Financial Distress Clinic, a monthly clinic offering free legal advice to community

Mentor for new participating lawyers of Volunteer Lawyer Program

Former board memberships include:
Hillel at ASU

Arizona Interfaith Movement

Temple Chai

Jewish Community Center

American Jewish Committee