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Chapter 11 Bankruptcy Archives - DelCotto Law Group

Legal Claims as Assets in Chapter 11

December 12, 2017
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By: Dean Langdon

It’s not unusual for a company in financial distress to be involved in some sort of litigation, with claims being asserted back and forth between one or more parties. One of the benefits of filing bankruptcy is the automatic stay, which stops prosecution of […]

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How Long Does a Chapter 11 Take?

February 14, 2017
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“How long does a chapter 11 take?” In Kentucky, a typical chapter 11 bankruptcy lasts 6 months – 1 year.  However, chapter 11’s vary with each situation, factors include:

number of creditors
research of potential litigation claims
cash flow/operating issues, and
if primary lenders agree on a […]

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Chapter 11 Business Bankruptcy Attorney Laura Day DelCotto

Laura Day DelCotto Named Best Lawyers® 2017 Bankruptcy “Lawyer of the Year”

September 13, 2016
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Laura Day DelCotto, founding member, of DelCotto Law Group PLLC, with offices in Lexington, Danville, and Louisville, Kentucky, was recently named Best Lawyers’ 2017 Lexington Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law “Lawyer of the Year.”

Only a single lawyer […]

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Automatic stay, extend, non-debtor, non-bankrupt parties

Extending Automatic Stay to Non-Debtors

July 14, 2015
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A bankruptcy lawyer’s overview for automatic stay for non-bankrupt parties

 

Bankruptcy courts have the authority to extend the automatic stay to non-bankrupt parties, under limited circumstances. Bankr.Code, 11 U.S.C.A. §§ 105(a), 362(a).  Section 105 (a) of the […]

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