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Blog | DelCotto Law Group

student loan lawsuit

Robo-signing 2.0: Student Loan Collection

July 7, 2015
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Once again, lenders are suing consumers without verification and knowledge of the fundamentals, like who owes how much and to whom.  Residential mortgage market crisis, round 2.

Since 2007, the federal student loan balance has more than doubled, to almost $1.2 trillion from $516 billion.  That figure […]

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Counsel, Chapter 11, Bankruptcy Code, Disinterested

Counsel in Chapter 11 Proceedings

June 18, 2015
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Retention of Counsel in Chapter 11 Proceedings

By: Jamie L. Harris, Esq.

11 U.S.C. § 327(a) permits a debtor to employ an attorney that (1) does not “hold or represent and interest adverse to the estate”; and (2) is disinterested. 11 U.S.C […]

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Taxes, Tax Increase, Kentucky, Frankfort, General Electric

Death Spiral: The Taxes Conundrum

June 16, 2015
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Death Spiral: The Taxes Conundrum

By: Laura Day DelCotto, Esq.

Connecticut just raised taxes…. Again.  The state’s two- year $40.3 billion budget includes a projected $1.5 billion increase in tax revenues. The top individual tax rate increased from 6.7% to 6.99%.  A “temporary […]

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Chapter 9, municipality bankruptcy, pension

Part 2: Chicago Pension Crisis

June 11, 2015
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Chicago: My kind of town

By: Laura Day DelCotto, Esq.

Last month I blogged about Moody’s downgrade of Chicago’s debt to “junk status,” and the city’s drama with the Chicago Teacher’s Union.

UPDATE: Mayor Rahm Emanuel has found a way to “fix […]

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