Exploring Options Other than Bankruptcy When your business is struggling, you may want to speak with an attorney to discuss options such as financial workouts. In this short video, Dean A. Langdon discusses why it’s important to explore your options with an attorney if you own a business that is
New Supreme Court Ruling on Debtor’s Property and Automatic Stays in Chapter 13 By: Dean A. Langdon Having a vehicle repossessed is sure to disrupt your life. One way to recover a repossessed vehicle has been to file a Chapter 13 bankruptcy. Once filed you can demand return of the
By: Laura Day DelCotto In my final blog of 2020, I mused on take-aways about “dumb things” management does when succumbing to financial distress fears. And I will say, the so-called “dumb” things are really about emotional intelligence and how stress affects each of us. Financial stress is proven to
Attorney Laura Day DelCotto discusses essential information about the new bankruptcy law on Good Day Kentucky Update 3/29/2021: This provision has been extended to June 2022. About DelCotto Law Group DelCotto Law Group is Kentucky’s asset protection law firm known for its commitment to the lifetime success of its clients.
Options when Lawsuits and Collections hit for Student Loans By: Heather M. Thacker Everyone knows the general rule ― student loans do not go away, even in bankruptcy. But, there are some exceptions that you should consider. 1. Chain of Title Student loans are continuously being sold in bulk to
By: Laura Day DelCotto The Sixth Circuit Court of Appeals recently issued a decision discussing deadlines for appeals from Bankruptcy Court. The case helps create a growing split among the circuits. This could take us all back to the (newly changed) Supreme Court, and is a change from prior Sixth
The Deficit, COVID Pandemic and Bankruptcy Strategies By: Laura Day DelCotto In every single chapter 11 bankruptcy case we begin, in the initial pre-filing meetings, we discuss at length the exit strategy. Of course, there are so many people and factors outside our control that the debtor’s exit strategy is assuredly
Chapter 11 Bankruptcy Claims By: Laura Day DelCotto A recent decision from Louisiana involving work on an abandoned oil and gas rig got me thinking about some of the non-routine types of administrative claims in chapter 11 bankruptcy. It is always worth exploring if you might have any such claim, since
Effects of COVID-19 Pandemic on Municipalities By: Laura Day DelCotto The pre-2020 collective wisdom was that municipal bonds were as good as gold, solid and basically without much risk. Investors in tax-free bonds get a greater bang for the buck with the tax savings. There are many great bond-fund salespeople hawking
Dean Langdon on Good Day Kentucky discusses Bankruptcy and Other Options for Businesses and Individuals
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