Analysis - Strategy - Results

News Releases

The Administrative Office of the United States Courts (AOC) has issued several helpful videos about the basics of bankruptcy. To watch, please visit their website at: Here

Employees of DelCotto Law Group PLLC will be participating in the 2013 Central Kentucky Heart Walk to benefit the American Heart Association on Saturday, May 18, 2013. The 3 mile walk will be held at Keeneland Race Track. For more information or to join the DLG Team, please visit our team page at: Here

Associate Kent Barber was recently elected President of the Bankruptcy Section of the Fayette County Bar Association (FCBA). For more information about the FCBA, please visit their website: Here

Laura Day DelCotto spoke to the Glasgow Rotary Club on January 10, 2013. Information about her presentation can be found in the following Glasgow Daily Times article. [Read Article]

Attorneys Michael Gartland and Wes Harned co-wrote an article entitled Overview of §3545: The Family Farmer Bankruptcy Tax Clarification Act of 2012 which was recently published in the American Bankruptcy Institutes’ 2012 Legislation Committee Newsletter. [[Read Article]]

Attorney Laura Day DelCotto was named the Greater Lexington Paralegal Association’s 2012 Most Supportive Attorney. For more information, visit the GLPA’s website or contact Laura Day.

PAST NEWS RELEASES CLICK HERE TO VIEW

Financial Issues in the Trucking Industry

Unpredictable fuel prices have taken a toll on virtually every aspect of the American economy.  Perhaps one of the most widely-affected industries is the over-the-road trucking industry, which has been faced with increased operational costs due to growing fuel prices, as well as decreased revenue associated with a lower demand for goods that are typically shipped from manufacturer to merchant.  These issues, coupled with any number of other possible problems, often result in a cash crunch that renders a business unable to satisfy all of its financial obligations.  

DelCotto Law Group PLLC has experience in assisting both single-unit operators and businesses with multi-unit fleets through this financial turmoil, in and out of bankruptcy.

Regardless of which option best fits your case, DLG has experience with analyzing and addressing key issues that are common to the trucking industry.  We can assist you with negotiating with critical vendors, including fuel suppliers and repair and maintenance facilities, as well as assessing potential motor carrier tax issues.  We can also work with you to streamline your business through the sale of unprofitable units and/or real estate, or the surrender of those units and/or properties to a secured creditor or lessor in exchange for a reduction or elimination of indebtedness.  

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