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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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Recoupment Defined

January 31, 2018
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By: Dean Langdon

Recoupment allows one party (Party A) to a contract to keep payments that are due to the other party (Party B) when Party B owes money to Party A at the same time. There must be an over-payment by one party, and the competing […]

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Fiscal Distress in Kentucky Counties: What’s Next?

December 18, 2017
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Laura Day DelCotto ©2017

The 2016 US Census Report was sourced in the recent Lexington Herald- Leader article, reporting that Kentucky has the distinction of containing about 30% of the Top 30 poorest counties in the United States.   This really shouldn’t come as any surprise to anyone […]

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