Category Archives: Uncategorized

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 →

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 →

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 →

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 →

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 →

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 →

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 →

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 →

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 →