By: Jamie L. Harris When small business owners file for chapter 11 bankruptcy, seldom do they reflect on the impact of bankruptcy on affiliated entities. In bankruptcy, insider[1] transactions are subject to heightened scrutiny. It is not uncommon to have a debtor that operates a business that leases property or equipment
In Re Donnadio By: Dean A. Langdon The key focus in a Chapter 13 bankruptcy is the plan, because it determines how creditors will be treated during the case. Historically, each bankruptcy district had its own version of a plan, and provisions for treatment of creditors varied from district to
By: Jamie L. Harris If you are an accountant today, you will more likely than not have a corporate client at some point that is in a Chapter 11 bankruptcy proceeding. The role of an accountant in Chapter 11 proceedings is vital. It is important to know that as an accountant
By: Heather G. Pennington Not only will filing bankruptcy immediately stop a creditor from continuing to garnish your paycheck—in some cases bankruptcy will actually allow you to get some of your money back! If a creditor has garnished more than $600 from a debtor in the 90 days before a
Open Records/Open Meetings Issues Still Apply By: Laura Day DelCotto Most bankruptcy attorneys (as well as bankruptcy judges) do not normally run up against “open records” laws in the vast majority of their work. Of course, the local government leadership and all public officials are very well versed in proper
Individual Business Owners Can Lose the Right to Discharge Their Debts in Bankruptcy By: Dean A. Langdon The ultimate goal of every individual filing bankruptcy is to be released, or discharged, from the obligation to repay debts. Bankruptcy laws put conditions on being released from this obligation, and if an
What the Retail, Trucking, Oil and Gas Industries Face Going Into a New Decade By: Dean A. Langdon The pundits tell us that the economy is doing very well, and by some measures, that’s true. But there are always industries in our economy that are undergoing financial distress, and the
Celadon Group Filed for Chapter 11 Bankruptcy By: Dean A. Langdon Celadon Group, a trucking company based in Indianapolis, Indiana, filed a chapter 11 bankruptcy in Delaware on Monday, December 9th. Celadon has almost 2,700 trucks in the United States, Canada and Mexico, and furthermore employs almost 2,900 drivers and
DelCotto Law Group is excited to announce that four of our attorneys have been added to the Super Lawyer list for 2020. Founding Member of DelCotto Law Group, Laura Day DelCotto was selected as a Super Lawyer 2020 for Bankruptcy. Attorneys Dean A. Langdon and Jamie L. Harris were also
By: Laura Day DelCotto In financial workout, litigation and bankruptcy settings, we often see problems and disputes which have arisen in limited liability company (LLC) settings. More often than not, financial issues among and between members bubble up to the surface. Being the most solvent of all the members is
We are a debt relief agency. We help people file for relief under the Bankruptcy Code. Viewing or contacting DelCotto Law Group via our website is offered as a convenience and not as a method of providing legal advice. E-mailing us does not create an attorney-client relationship or make you a prospective client. Any information you send us via this website email or the links on our website is not confidential or privileged.
Do not send sensitive or confidential information through our website, as we cannot assure it will be secure. We cannot guarantee a response to all inquiries, and ask that you call us if your concern is urgent. If you contact us or submit information through our website, you confirm that you have read and understand this notice.
© DelCotto Law Group /// Built by Birdboar
