Sometime in June 2012, the Sixth Circuit Court of Appeals decided that a law firm could be liable, under the Fair Debt Collection Practices Act (“FDCPA”), for stating the wrong identity of the mortgage owner in a foreclosure complaint. In effect, the Sixth Circuit held that a pre-assignment foreclosure filing could violate the FDCPA. Read more
Ohio Contemplates Sales Tax on Service Industry: How this may affect your legal bill and your business in the Buckeye State
Ohio’s Governor Kasich has proposed a two-year budget plan for Ohio that focuses on cutting income tax, while broadening the scope of the state sales tax. The proposal would impose a tax on formerly exempt services, such as accounting and legal services. Governor Kasich’s budget plan would reduce the sales tax rate from the current 5.5% to 5%, but would ultimately increase the state’s revenue from sales tax by widening the scope of taxable services. Read more