Category Archives: Uncategorized

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 →

One of the most hot button topics in the bankruptcy world is the disposal of assets by people who are going to be filing for bankruptcy. Every so often I am asked by folks who are considering bankruptcy as a financial … Continue reading →

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 →

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 →

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 →

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 →

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 →

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 →

Walt Disney Filing for bankruptcy protection is not an easy thing to do. It seems to me that one of the biggest obstacles to people finally filing for bankruptcy is the social stigma attached to it. Many people think that … Continue reading →