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Blog | DelCotto Law Group

You Received a Preference Demand Letter . . . Now What?

March 20, 2013
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If you receive a letter from a bankruptcy trustee or Chapter 11 debtor in possession demanding that you or your business repay a “preference” or preferential transfer, there are a few things to know and do right away.  First, a preferential transfer does not mean you did anything […]

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Chapter 11: It’s Not Just for Businesses

March 6, 2013
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There is a very common mistaken belief that Chapter 11 reorganization bankruptcy is only for business entities.  To the contrary, Chapter 11 is ideal for high-income individuals or individuals with significant assets. Unlike Chapter 13 bankruptcy, there are no debt limits that determine your eligibility for Chapter […]

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The Tax Man Cometh: Your Options When Facing A Tax Levy

March 1, 2013
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Due to the current state of the economy, more individuals and businesses are finding it difficult to pay their taxes.  If you have exhausted all available appeals with the taxing authorities or been denied for an offer in compromise, you may want to look at your bankruptcy options […]

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The Waiting Game: Eligibility For A Bankruptcy Discharge

February 28, 2013
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If you have previously filed for personal bankruptcy and are again facing financial issues, you will want to know how long before you’re eligible to receive a discharge in bankruptcy again.  The time frame depends on what type of bankruptcy you previously filed and the time is […]

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