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January 2015 - DelCotto Law Group

When doctors, lawyers, accountants file for bankruptcy

Professionals and Bankruptcy: Issues, Risks and Opportunities

January 29, 2015
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Professionals and Bankruptcy: a high-level overview

by Dean Langdon

Those who practice a profession tend to be well-respected and well-compensated by society for their services and contributions. But, mastering a profession does not automatically translate to business success.  As a lawyer, I left […]

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Does my spouse have to file bankruptcy?

Does my spouse have to file bankruptcy?

January 27, 2015
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I’m married, does my spouse have to file bankruptcy?

by Jamie L. Harris

I frequently meet with individuals for consultation regarding personal bankruptcy and one of the most commonly asked questions is “does my spouse have to file bankruptcy” relief.  There is no requirement that […]

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Softening the Standard for Discharge of Student Loan Debt

January 22, 2015
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According to data compiled by the Federal Reserve, national student loan debt in the United States rose an astounding 275% from 2003 ($241 billion) to 2012 ($904 billion).  This surge in student loan debt was no doubt spurred by the economic downturn, as people who lost jobs or […]

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Someone Who Owes Me Money Filed for Bankruptcy

January 20, 2015
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By Jamie L. Harris

Creditors who receive a notice from a debtor in a Chapter 11 bankruptcy case may find the Chapter 11 bankruptcy process overwhelming and confusing.  If someone owes you money that makes you a creditor, and them a debtor.  As a creditor, it is critical […]

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