Ex-San Antonio attorney Christopher Pettit has been sued for allegedly absconding with his former law clients\u2019 money. He\u2019s landed in bankruptcy and he\u2019s surrendered his law license. Pettit is also dealing with \u201cmedically related issues,\u201d his attorney disclosed during the first hearing in Pettit\u2019s massive bankruptcy case. Bankruptcy lawyer Michael Colvard declined to reveal his client\u2019s medical issues but told a San Antonio judge that Pettit was referred to another lawyer who works closely with the Texas Lawyers Assistance Program. The program helps attorneys who have \u201csubstance use and other mental health issues,\u201d according to its website. <\/p>\n\n\n\n
Pettit, who specialized in estate planning and personal-injury law, has been sued at least 14 times by former clients who say he stole millions of dollars from them. He has issued general denials to the allegations in some of the cases but has entered into judgments with some plaintiffs \u2014 agreeing to pay them actual and punitive damages. Pettit and his law firm filed for chapter 11 protection June 1, essentially putting a hold on the pending litigation. He listed $27.8 million in assets and $115.2 million in liabilities in his personal bankruptcy, making it one of the largest ever filed in San Antonio. He has given up his law license in lieu of disciplinary action by the State Bar of Texas. Bankruptcy Judge Craig Gargotta agreed to the appointment of a chapter 11 trustee, who will essentially act as a CEO or manager to shepherd the bankruptcy cases and appoint professionals, including forensic accountants to track down money and other assets for the benefit of Pettit\u2019s former clients and other creditors.<\/p>\n\n\n\n
Considering bankruptcy? Call our office at 816-524-4949 or click here <\/a>to schedule a consultation to discuss your options.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Ex-San Antonio attorney Christopher Pettit has been sued for allegedly absconding with his former law clients\u2019 money. He\u2019s landed in bankruptcy and he\u2019s surrendered his law license. Pettit is also dealing with \u201cmedically related issues,\u201d his attorney disclosed during the … Continue reading