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Debt Archives - DelCotto Law Group

HALLOWEEN 2018: A Word on Zombies, The Walking Dead and Death Spirals

October 11, 2018
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By: Laura Day DelCotto

Stanley Druckenmiller has been widely quoted recently for his predictions at the NYC Grant’s Investment Conference of looming insolvencies and bankruptcies to be filed by any number of zombie companies: “Seriously, does anyone know why Sears is still in business?”   He is right […]

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Chapter 11 Bankruptcy: An Option for Individuals

October 3, 2018
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By: Laura Day DelCotto

The vast majority of Chapter 11 bankruptcy filings are by businesses:  LLCs, closely held corporations, and large public company filings.  We read about them almost daily in the news.  This is how we have come to mostly think about Chapter 11 in the US […]

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Divorce and Bankruptcy Planning

September 19, 2018
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By: Jamie L. Harris

For many couples facing a potential divorce, dealing with marital debt and property settlement arrangements can be overwhelming.  Financial issues frequently cause divorce. Rather than assigning liability to your various marital debts, it may be simpler to file a joint petition for bankruptcy relief […]

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‘State Agency’, ‘Governmental Unit’ and ‘State Instrumentality’: Handing Off the Hot Potato in Kentucky’s Fiscal Crisis

September 18, 2018
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By: Laura Day DelCotto

The Sixth Circuit Court of Appeals has certified the following question of law to the Kentucky Supreme Court:  “Whether Seven Counties Services, Inc.’s participation as a department in and its contributions to the Kentucky Employees Retirement System are based on a contractual or […]

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