Tag: Bank

Money Direct to Residents: Making Sense of CARES Act Payments

The federal government will be sending money directly to people as part of the recently passed Coronavirus Aid, Relief, and Economic Security Act or the CARES Act. Local leaders can take action now to make sure their residents keep more of those dollars in their pockets that can be spent in the local economy.  What is Coming  The funds being

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Supreme Court to Decide Bankruptcy Case Affecting Local Governments

The city of Chicago impounds vehicles where debtors have three or more unpaid fines. Robbin Fulton’s vehicle was impounded, and when she filed for bankruptcy and asked the city to turn over her vehicle, it refused. And so, the question the Supreme Court will decide in City of Chicago, Illinois v. Fulton is whether a local government

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