Category Archives: Uncategorized

What are you afraid of?

The Wall Street Journal is reporting that David Cassidy, famous from The Partridge Family is filing for bankruptcy. In his bankruptcy filing, Mr. Cassidy reported assets and debts each between $1 million and $10 million. Among his largest unsecured creditors are Wells … Continue reading

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Cram down that Clunker

A few years ago the U.S. government established a program called ‘cash for clunkers.’ Essentially, the idea was to provide economic incentives to U.S. residents to purchase a new, more fuel-efficient vehicle when trading in a less fuel-efficient vehicle.  The program was … Continue reading

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Book of Mormon Stories

A Wall Street Journal blog post discussed an interesting bankruptcy case in Illinois. Anna Robinson filed for chapter 7 bankruptcy protection earlier in 2014. When you file for bankruptcy, all of the property you own becomes property of the bankruptcy estate. … Continue reading

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The New Mafia

The Salt Lake Tribune reported yesterday that payday loans in Utah now average 466 percent annual interest, according to a new report issued by the Commissioner of Financial Institutions for the State of Utah. The report said the highest interest charged on … Continue reading

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Asset Protection

Asset Protection I have been asked several times recently what steps a person can take to protect their assets in the unlikely event that they will need to file for bankruptcy in the future. A skilled bankruptcy attorney should be … Continue reading

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Bankruptcy for Millionaires

Last year, David Adkins, more famously known as Sinbad, filed for Chapter 7 bankruptcy in California. Sinbad’s case, in my view, completely underscores the unfairness of the 2005 amendments to the bankruptcy code known as the Bankruptcy Abuse Prevention and … Continue reading

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Lois

In 2012 the Utah State Bar Pro Bono Commission created a project called “The Learned Hand.” (Learned Hand is a legendary federal judge from New York). The program was designed to encourage Utah attorneys to take more pro-bono cases in … Continue reading

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