Topic
Debt
236 published works
South Florida Trial Practice
50 Cent – Lavish Lifestyle or Drowning in Litigation Debt?
By Heather Ries
According to recent filings, the Curtis James Jackson, III ("50 Cent" or "Debtor") has 1-49 creditors, $10,000,001 to $50 million in Assets, and estimated liabilities of $10,000,001 to $50 million. Listed…
International Financial Law Prof Blog
Greek Banks Closed for Week. Deposits Unavailable. Euro Exit?
Greece must repay to the IMF by tomorrow evening Euro 1.6 billion. It's government has decided to 'take the money and run', or at least, cause a bank run. …
Law & Economics Prof Blog
Sahm, Shapiro, & Slemrod on Household Responses to Income Shocks
By BDG
"Balance-Sheet Households and Fiscal Stimulus: Lessons from the Payroll Tax Cut and its Expiration" NBER Working Paper No. w21220CLAUDIA SAHM, Federal Reserve BoardMATTHEW D. SHAPIRO, University of Michigan at Ann Arbor - Department…
Education Law Prof Blog
Aaron Taylor’s Response to “Why I Defaulted on My Loans”
By Derek Black
This weekend the New York published an opinion piece by Lee Siegel in which he says he was confronted with the choice of "giv[ing] up what had become my vocation…
The Faculty Lounge
Defaulting on Law Student Loans: Cautions and Strategies
This New York Times op-ed has stirred a lot of conversation on Facebook and other social media, but I’m curious as to our readers’ experiences trying the same or something…
Education Law Prof Blog
How Misinformation is Worsening the Student Loan Crisis by Aaron Taylor
By Derek Black
It goes without saying that we have a student loan problem in this country. We encourage students to pursue higher education as both a private good and a public necessity;…
Education Law Prof Blog
Detroit Schools Plan to Create “Old” and “New” Compared to General Motors’ Bankruptcy Model
Last week, Michigan Gov. Rick Snyder's plan to rescue the Detroit Public Schools (DPS) from its nearly $500 million debt prompted a walkout protest by the city's teachers. This week the plan…
Asset Protection Law Journal
Obligations as a Guarantor Could Hinder Your Asset Protection Options
By Ken Laino
Signing a personal guaranty for your business or a relative can have a variety of financial implications. It can also limit your asset protection alternatives. Asset protection planning frequently involves the…
Wills, Trusts & Estates Prof Blog
Do We Die With Our Debt?
What happens to your credit after you die? Whether you are dealing with a loved one’s estate, or doing your own estate planning, this is an important question to consider. When…
Law & Economics Prof Blog
Benjamin J. Keys at Berkeley on April 20, 2015
By Law & Economics Prof Blog Staff
Minimum Payments and Debt Paydown in Consumer Credit CardsBenjamin J. Keys, University of Chicago, Harris School of Public Policy