Jay Jaffe is a general business lawyer who concentrates his practice in financial distress situations, which involves creditors' rights, loan workout and restructuring, and business reorganization and restructuring. Jay represents debtors and creditors with respect to financially distressed business, both in and out of bankruptcy proceedings and has been a standing panel trustee for the United States Bankruptcy Court, Southern District of Indiana, Indianapolis Division. Jay has represented a variety of interests, including buyers and sellers of property and businesses, financial institutions, insurance companies, unsecured creditors, creditor committees, trustees, lessors, corporate debtors and individual debtors in large, non-consumer bankruptcies. In addition, Jay prosecutes and defends commercial contract litigation, foreclosure and replevin proceedings. Jay has been recognized in The Best Lawyers in America - Bankruptcy & Creditor Debtor Rights/Insolvency & Reorganization Law, every year from 1995 to 2013, and as Indianapolis lawyer of the year for Bankruptcy Litigation, 2012-13.