Ever since the 2005 amendments to the Bankruptcy Code, the phrase “means test” has struck fear in the hearts of bankruptcy attorneys and debtors alike. The words “means [...]
Parkprovo, LLC, which owns the Seven Peaks water park in Provo, Utah, which has operated for over 20 years, filed bankruptcy last month, putting the summer season in doubt. The filing was [...]
This is always a big question on people’s minds when they finally make the decision to file bankruptcy. Who should they tell? Who must they tell? Who will find out and how? First of all the [...]
When most people think of bankruptcy they think of a person who is insolvent. “Insolvency” has two definitions for bankruptcy. One is the inability to pay your debts as they become [...]
Coming to the realization that your debt situation might be unmanageable and you have to consider bankruptcy is usually difficult. But then it only compounds when you realize you have no idea [...]
In September 2016, banking giant Wells Fargo paid $185 million to settle claims that it opened credit card accounts in customers’ names without the customers’ authorization or even [...]
A “credit score” is a number assigned to you by one of the credit reporting agencies, Experian, Trans Union or Equifax. It’s a measure of how safe you are as a borrower. If your [...]
When you file bankruptcy, there is an estate created. The estate consists of all the property that you own, of any kind, such as houses, cars, bank accounts, investment accounts, retirement [...]
Rapper 50 Cent’s bankruptcy continues its roller-coaster ride. Back in January I wrote a post about how 50 Cent might be in trouble with the bankruptcy court because he posted on Instagram [...]
IHeart Media, a multi-platform media conglomerate best known for IHeart Radio, a music streaming service that operates 850 radio stations, has filed Chapter 11. Saying that it has more than $20 [...]
