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Congress Moves to Restore Broader Access to Subchapter V Bankruptcy Reorganization Congress has moved to restore broader access to a critical bankruptcy-reorganization option: Subchapter V of Chapter 11 for qualifying small businesses. The Bankruptcy Threshold...
Many Kentucky business owners sign personal guarantees without fully understanding what that commitment covers and, in some cases, without even realizing they are signing one. When the business hits financial trouble, creditors may be able to pursue the owner...
As it enters its 23rd year of business, Gartland Thacker Delcotto PLLC is honored that three of its attorneys have received prestigious The Best Lawyers in America® awards for 2027. The firm founder, Laura Day DelCotto, was named the Best Lawyers® 2027 Bankruptcy Law...
Running a long-standing family business in Kentucky is a profound labor of love. When the market shifts, changing your operational model may be essential for survival. Restructuring a company can be complicated, but you have options to stabilize your finances and...
Financial distress does not always signal the end of a business. Often, it's a chance to restructure operations and cut unprofitable obligations. For Kentucky business owners dealing with growing debt, bankruptcy can offer a clear way forward that is simply not...
Filing for business bankruptcy does not mean you must lose everything you own. You can protect your home, savings and personal belongings even when your business faces financial trouble. Thus, understanding the right ways to protect yourself can help you keep your...
Merchant Cash Advances (MCA) provide fast cash for struggling businesses that often do not qualify for traditional bank loans. The company receives a lump sum now and pays it back through daily or weekly deductions over a short period of time, often at extremely high...
As a business owner, you spend considerable time and resources protecting your company from external threats. Yet, the most damaging and emotionally difficult type of fraud often comes from a trusted employee, partner or bookkeeper. Discovering that someone you relied...
As it enters its 22nd year of business, Gartland Thacker DelCotto PLLC is honored that three of its attorneys have received prestigious The Best Lawyers in America awards. The firm owner and founder, Laura Day DelCotto, was named Best Lawyers 2026 Bankruptcy Lawyer of...
The current economic climate presents unique challenges and opportunities for small businesses. Understanding these shifts and developing the right strategies are crucial for fostering sustainable growth. Business owners must learn to adapt to remain competitive and...
