Author Archives: Jason
Asset Protection
Asset Protection I have been asked several times recently what steps a person can take to protect their assets. A skilled attorney should be well-versed in the process of asset protection planning. Our office routinely advises small-business owners on the … Continue reading
Is Cheaper Better?
I had a friend in college who would only drink a particular brand of bottled water. It never ceased to amaze me how much money this girl spent on a product that was readily available, at no cost, almost everywhere … Continue reading
Bankruptcy Trustee vs. College Kids
There is an ever-increasing trend in bankruptcy practice for court-appointed bankruptcy trustees suing college kids and their parents to recover money paid toward tuition. Under 11 U.S.C. § 548, the trustee may reverse a fraudulent transfer of property made by … Continue reading
Bankruptcy and the Book of Mormon
A Wall Street Journal blog post discussed an interesting bankruptcy case in Illinois. Anna Robinson filed for chapter 7 bankruptcy in 2014. When you file for bankruptcy, all of the property you own becomes property of the bankruptcy estate. The bankruptcy estate, … Continue reading
Undue Hardship of Student Loans
Many different financial experts predict that student loan debt could be the next financial time-bomb facing the U.S.economy (WSJ, MarketWatch, NPR, Forbes). One particular reason for this, is that the Bankruptcy Code provides practically no relief for “student loans.” Traditional, or … Continue reading
New Utah laws affecting bankruptcy
The Utah legislature is poised to pass several laws this session that will directly impact bankruptcy cases in Utah. Most people know that bankruptcy cases are governed by federal law (Title 11 of the United States Code). However– changes in laws that … Continue reading
The Stigma
Every so often I like to re-publish this post. Bankruptcy is a financial tool to get back on your feet. It is provided for in the constitution of our country. Walt Disney Filing for bankruptcy protection is not an easy … Continue reading