Eric LeCompte, Executive Director of Jubilee USA was recently featured in NPR and Townhall speaking on Puerto Rico. Read excerpt below and follow link to full article.
Puerto Rico Eyes Options As It Faces Debt Deadline — Again
By: Camila Domonoske
"'It mirrors conventional bankruptcy processes that are ordered and arbitrated through a court system,' says Eric LeCompte, the executive director of Jubilee USA Networks, a religious development organization that supports debt relief and debt forgiveness.
The 'Title III' process, as it's called in PROMESA, allows Puerto Rico to address all of its debts at once, in a comprehensive process — which even Chapter 9 doesn't allow, LeCompte says. It's essentially a bankruptcy process custom-built for Puerto Rico's debt crisis."
Read more here.