Category Archives: Uncategorized

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

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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

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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

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Bankruptcy Fraud and Tween Dancing

Abbey Lee Miller, star of Lifetime show “Dance Moms” was recently indicted on charges of bankruptcy fraud. Based on the show description- I’m not surprised that I’ve never heard of it: According to Wikipedia, ‘Dance Moms’ ” follows the Abby … Continue reading

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“…You can’t get a dolla outta me!” 50 Cent

My favorite early 2000’s rapper 50 Cent is all over the news with his bankruptcy filing. Here’s the short of it: 50 Cent, born Curtis Jackson III, posted a 13-minute sex tape of a woman named Lastonia Leviston in an attempt … Continue reading

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Medical Bills

What is it that leads someone into filing bankruptcy? Bad spending habits? Recklessness? Credit cards? Wrong. In 2013 the foundation NerdWallet published a report stating that medical bills were the primary cause of bankruptcy filings. The report estimates that 3 … Continue reading

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Loan Sharks

According to a study commissioned by the Utah Department of Financial Institutions, Utah pay day loan companies charged an average of 473.52 percent interest. “At least one Utah payday-loan company charged an astronomical 1,564 percent annual interest last year — meaning it collected … Continue reading

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