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Blog | DelCotto Law Group

debtor, trustee, Chapter 13, Chapter 7, convert, law, Supreme Court

SCOTUS Confirms Debtor’s Right to Money

May 26, 2015
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Trustee must return debtor’s funds after Chapter 13 conversion.

By: Dean A. Langdon, Esq.

On May 18, 2015 the U.S. Supreme Court ruled that money paid to a Chapter 13 trustee, and still held by the trustee, belongs to the debtor if the case […]

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Elder Abuse – Five Common Scams Aimed at Seniors

May 21, 2015
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Fraudsters often set their sights on victims with the least ability to protect themselves.  Seniors have become prime targets in recent years.  Although scams come in all shapes and sizes, and new ones are developed all the time, here are five of the most commonly perpetrated against seniors […]

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Bankruptcy rule 9019

Compromises and Settlements in Bankruptcy:  Rule 9019

May 19, 2015
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Rule 9019Compromise and Arbitration

by Jamie L. Harris

Bankruptcy Rule 9019(a) authorizes a trustee to seek a compromise or settlement of claims, upon motion and after notice and a hearing. Fed. R. Bankruptcy. P. 9019(a). The purpose of such a compromise […]

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Chapter 9, municipality bankruptcy, pension

Chicago is What a Pension Crisis Really Looks Like for Kentucky

May 14, 2015
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Kentucky’s Pension Crisis Cannot Be Ignored

by Laura Day DelCotto, Esq.

Moody’s downgraded all Chicago debt to “junk” status on May 13, including City, school district and park district paper.   The move follows the opinion issued by the Illinois Supreme Court that certain pension […]

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