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Blog | DelCotto Law Group

forbearance agreements, bankruptcy

Drafting Forbearance Agreements

February 10, 2015
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Drafting Forbearance Agreements:  A Road Map to Resolving a Troubled Loan
            When faced with a matured loan or a borrower that is otherwise in default and lacks the funds necessary to satisfy the loan in full, some lenders are quick to resort to traditional collection methods […]

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Pre-negotiated Chapter 11 Plans

February 5, 2015
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Pre-Negotiated Chapter 11 Bankruptcy Plans

by Jamie L. Harris

If a company has insufficient time or ability to complete a fully prepackaged Chapter 11 bankruptcy case, an alternative is a pre-negotiated plan which is quite similar to a prepackaged plan.
A pre-negotiated plan […]

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Bad Faith in the Sixth Circuit: A Totality of the Circumstances Approach

Bad Faith in the Sixth Circuit: A Totality of the Circumstances Approach

February 3, 2015
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Bad Faith in the Sixth Circuit

by: Jamie L. Harris
Generally, there is a presumption that debtors file petitions for reorganization in good faith. See In re Petralex Stainless, Ltd., 78 B.R. 738, 743 (Bankr.E.D.Pa.1987) ( citing U.S. Fidelity […]

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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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