By: Laura Day DelCotto I’m reading more and more about ESG – it’s sweeping into vogue in a big way. I predict that we will continue to see more about it in 2019, including moving beyond the financial investment world. But how, exactly, do we make decisions that...
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Preparing Your Company for Chapter 11 Bankruptcy
Putting your company in Chapter 11 bankruptcy is far more complicated that just signing some paperwork. First, you need to evaluate if all your financials are accurate and up to date. You will want to get all tax returns timely filed and gather all your insurance...
Interest Rates and Tax Claims
By: Laura Day DelCotto I learn something new every day, so it keeps this life fun. Somehow, I don’t remember ever specifically focusing on 11 USC §511 in all these years of confirming plans. With interest rates moving so often this year (and in the wrong direction...
Chapter 11 May Help Nassar Victims
By: Laura Day DelCotto The WSJ headline about the recent USA Gymnastics’ filing is spot on. At first blush, when anyone with multiple lawsuits files bankruptcy, there seems to be a rush to judgment that the debtor is seeking to evade and avoid litigants. The filing...
Happy Holidays!
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Options for Mortgage Loan Default
Whether it be from job loss, divorce, medical issues or the death of a spouse, many American homeowners may find they are unable to debt service their monthly mortgage payment. The good news is most lenders offer a variety of options to address financial hardship...
NAWBO Tax Planning Event in November
HALLOWEEN 2018: A Word on Zombies, The Walking Dead and Death Spirals
By: Laura Day DelCotto Stanley Druckenmiller has been widely quoted recently for his predictions at the NYC Grant’s Investment Conference of looming insolvencies and bankruptcies to be filed by any number of zombie companies: “Seriously, does anyone know why Sears is...
Chapter 11 Bankruptcy: An Option for Individuals
By: Laura Day DelCotto The vast majority of Chapter 11 bankruptcy filings are by businesses: LLCs, closely held corporations, and large public company filings. We read about them almost daily in the news. This is how we have come to mostly think about Chapter 11 in...
Divorce and Bankruptcy Planning
For many couples facing a potential divorce, dealing with marital debt and property settlement arrangements can be overwhelming. Financial issues frequently cause divorce. Rather than assigning liability to your various marital debts, it may be simpler to file a...


