Utah Debt & Bankruptcy News February 2018
Read recent and local events regarding Utah debt news and bankruptcy related topics. Being informed is a vital part of of your Start Fresh solution.
Dropping Student Loan Debt Would Stimulate Economy, Report Says
Utah Public Radio–February 22, 2018
Student loan debt in the U.S. has reached $1.4 trillion. That’s greater than all credit card debt and also eclipses all motor vehicle loans. Researchers at the Levy Economics Institute of Bard College say canceling that debt would be a major boost to the economy. Stephanie Kelton…
ColorLines magazine–February 22, 2018
They include an Indiana mother of three who was imprisoned for unpaid medical bills for cancer treatment, and a Utah man who committed suicide while jailed for an unpaid ambulance bill. Because courts that arbitrate civil debt cases do not record race data, the report could not document racial disparities
Columbus Ledger-Enquirer–February 22, 2018
Although “debtors prison” were common from the middle ages up to the early 1800s, they were outlawed by Congress in 1833. More than a century later, the U.S. Supreme Court reaffirmed the decision in a 1983 case out of Georgia, with justice Sandra Day O’Connor writing that jailing someone for not ..
NBCNews.com–Feb 21, 2018
Americans’ reliance on household debt ─ and poor people’s struggles to pay it off ─ has fueled a collection industry that forces many of them into jail, a practice that critics call a misuse of the criminal justice system. The accusation is documented in a report by The American Civil…
Standard-Examiner–Feb 20, 2018
Utah and 43 other states are allowing modern “debtors‘ prison” circumstances to flourish as more low-income people are jailed or threatened with incarceration after not paying bills, a civil rights group says. The American Civil Liberties Union issued a report Wednesday condemning a wide range of .
Utah woman sent to collections over somebody else’s cell bill
KUTV 2News–February 6, 2018
(KUTV) Helen Twitchell says she has spent too much time on the phone trying to clear up a delinquent account from T-Mobile. It’s an account that isn’t even hers. “We don’t have a T-Mobile phone,” she said. “We don’t have an account with them. Where did this come from?” Upon getting a bill, Helen says she immediately …
Good4Utah–Feb 6, 2018
If you want or need to enter the workforce sooner and with less debt, or no debt, associated with the growing cost of a college education, then a community college might be the path for you. However, if the job you’re targeting requires a bachelor’s degree, then a four year institution might be the right choice.
KOKI FOX 23–Feb 5, 2018
A lawsuit claims that the move is a “statewide extortion scheme” that is set up to squeeze as much money from the poor as possible. The lawsuit has captured national attention. TULSA, Okla. – A follow-up to a FOX23 Investigation revealed a local lawsuit targeting what some say is a “statewide extortion
Salt Lake Tribune–Feb 5, 2018
“Let us not forget that UTA is $2 billion in debt,” said Heather Williamson, Utah director of Americans for Prosperity. “And this is after years of controversy over ridiculously high salaries for executives, lots of expensive international travel, sweetheart deals with certain developers [and] being investigated by …