Bankruptcy Info

Predatory Loans – NY Court First to Crack Down on Online Lenders

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Predatory Loans: a/k/a Payday Loans / CashCall Short-Term Loans Online lender Western Sky Financial LLC has agreed to pay a $1.5 million fine and refund interest payments to borrowers under an agreement reached with New York Attorney General Eric Schneiderman, the Wall Street Journal reported today. Schneiderman had accused the Timber Lake, S.D.-based firm, along with affiliates […]


78% of NFL Players Bankrupt

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I ran across an interesting statistic. According to Sports Illustrated, approximately two years after retirement, the percent of NFL players bankrupt or financially stressed is a whopping 78 percent. This means more than 3/4 of players either can’t manage their money, or have people “in their corner” who choose not to manage their money well. Then there are […]