If you are facing a garnishment, attachment or execution on a judgment in Kentucky, you are probably wandering what personal property you own is exempt from creditor attachment. Under KRS 427, many items of personal property are exempt from judgment creditor seizure...
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Options for Dealing with Credit Card Debt
If you are dealing with significant credit card debt, filing a personal Chapter 7 or Chapter 13 bankruptcy may be a viable option for addressing credit cards if you are eligible for those chapters. In a Chapter 7 bankruptcy, the debt is listed and discharged upon...
Corporate Governance 2019: Philosophy Meets Reality
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...
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!
Check out DLG’s holiday greeting HERE Happy Holidays!!
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...


