Southern California Bankruptcy Law Blog

The Wonderful World Of Loan Sharks

Posted in Debt

What’s in your wallet?  It’s a loan shark!  That’s how many people feel when they consider their ever-increasing debt burden.  Unfortunately, many of those same people continue to feed the shark by patronizing loan sharks.

John Oliver recently skewered loan sharks on his Sunday show.  Jon Healy of the L.A. Times published an article on the show and, more generally, the payday loan problem.  If you’re up for some black humor — John Oliver’s segment is really very funny, but sobering at the same time — check out the article.  The article has the video clip of the relevant portion of the show in it.

If you’re on the loan shark treadmill and need bankruptcy protection, contact an extremely knowledgeable and highly skilled bankruptcy attorney to guide you through the process.

 

Image courtesy of Flickr (Licensed) by jonny goldstein