Of Counsel

Jim has practiced creditors' rights, bankruptcy, real estate, and construction law since 1990.  He has litigated complex cases for corporate clients in state, federal and appellate courts.  While representing credit unions, banks, and finance companies, his practice often focuses on Chapter 13, Chapter 7, and bankruptcy matters, as well as judgment collection, writs of possession, foreclosure, and complicated real estate matters. Mr. McDonough, who also represents building suppliers and contractors, is well-versed in construction law, including mechanic's liens and other contractor and property owner disputes.  He is experienced in transaction work including commercial and residential real estate loan closings, title insurance, loan workouts, and forbearance agreements.  He is also knowledgeable regarding the Uniform Commercial Code, secured transactions, and motor vehicle title lien law.

Mr. McDonough is a graduate of Leadership Kentucky,  has taught business law college classes and has conducted numerous creditors' rights and real estate seminars for the Louisville Bar Association, National Business Institute, and Lorman Legal Education.When not practicing law, Mr. McDonough is an avid college basketball fan, country music enthusiast, and long distance trail hiker.


Emory University, J.D., 1990

Georgia State University, M.B.A., 1990

Indiana University, B.S., 1981

Professional and Community Activities

Louisville Bar Association, Member

Kentucky Bar Association, Member 

Leadership Kentucky, Graduate

Boy Scouts of America, Former Scout Leader

Key Practice Areas

Creditor’s Rights & Bankruptcy law
Real Estate & Foreclosure Law
Construction Law
Commercial Loan Documentation
Uniform Commercial Code


Admitted to Practice

Federal E.D.Ky.
Federal W.D.Ky.
Federal S.D.In.