Paul Kiel, Author at Pacific Standard

Home Archives for Paul Kiel

Some prominent Democrats, including Senator Elizabeth Warren, have endorsed the idea of making bankruptcy more accessible.

Economics

Many People Are Too Broke for Bankruptcy

For many people, filing for bankruptcy is a luxury that's out of reach. A new report by the primary bankruptcy professional organization is full of recommendations that, if implemented, could help change that.

Paul Kiel

Economics

Why Does Bankruptcy Fail so Many Americans?

What is intended as a safety net for people struggling financially is often unattainable for those who are the worst off.

Paul Kiel

Economics

Why Small Debts Matter So Much to Black Lives

Due to the racial wealth gap, black families have far less in savings than whites. The consequences can be far-reaching and often severe.

Paul Kiel

News in Brief

What Can Be Done Right Now to Fix the Legal System for Debt Collection

America’s out-of-date, unfair laws for collecting debts could be dramatically improved by these simple steps.

Paul Kiel

Economics

Will the Fed Ever Be Able to Stop Payday and Other High-Cost Lenders?

New rules put forward by the Consumer Financial Protection Bureau would have a major impact on the high-cost loan industry. But if history is any guide, lenders will quickly find some loopholes.

Paul Kiel

Social Justice

Hospitals: Stop Suing Poor Patients

Senator Charles Grassley has asked a Missouri non-profit hospital to explain why it seizes the wages of thousands of its patients.

Paul Kiel

Social Justice

New Rules for Non-Profit Hospitals That Sue Patients

Non-profit hospitals get big tax breaks for providing care for patients who can’t afford it. Under new IRS rules these hospitals must take extra steps to inform poor patients they may qualify for financial assistance.

Paul Kiel

News in Brief

The Feds Finally Bar Companies’ Long-Distance Lawsuits Against Soldiers

In the latest move against companies targeting military customers, federal regulators prohibit two Virginia-based lenders from suing out-of-state debtors in Virginia courts.

Paul Kiel