“Once the trustee and his lawyers start to administer the bankruptcy estate assets, they will make a lot of money. I understand that the moneymaking bankruptcies are offset by the money-losing bankruptcies;…
IN February 2018, the IRS started certification of individuals with delinquent tax debt to the State Department. How will the IRS certification impact you? • Upon receipt of certification. The…
1. IS there a constitutional right to file for bankruptcy? Yes, there is. The United States Constitution adopted 250 years ago provides for the creation of bankruptcy courts and the…
CES (Consumer Electronics Show) gives us a glimpse of the next mega trend in consumer technology. Each January, tech giants from around the world gather to show off their latest…
“To prevail on a harassment claim, the employee must show that the conduct created a hostile work environment. A hostile work environment is one in which harassment occurs that is severe, frequent,…
1. IS there a constitutional right to file for bankruptcy? Yes, there is. The United States Constitution adopted 250 years ago provides for the creation of bankruptcy courts and the…
IF you are one of the millions of homeowners who survived the mortgage crisis in 2008, you have something to be grateful for. In 2008 alone, close to 900,000 homeowners…
IN part 1: we defined 1) who are resident aliens, nonresident aliens or both, 2) who are exempt individuals, and 3) closer connection exception. In part 2: we defined 1)…
MOST people who are struggling with debt problems for the first time are often confused and don’t know what to do. They’ve never been in this situation before. They have…
CES (Consumer Electronics Show) is the largest trade fair for consumer electronics. It’s presented by Consumer Technology Association (CTA) annually in Las Vegas. It has been our tech bell weather…
A GROUP of flight attendants from Virgin America, Inc. sued the company for unpaid wages and missed breaks. The employees alleged that Virgin did not pay them for the following:…
THE client is 53. He is married and owns a house. He used to have a business, which was a DBA sole proprietorship. “DBA” means doing business as. Sole proprietorship…
SUSANNA Smith worked as a superintendent, and Cleve Pell worked as an operations officer for the Montebello Unified School District (MUSD). In the course of doing their jobs, Smith and…
“It’s becoming clear that the choice she has to make is to be able to make the mortgage payment or the credit card payment.” THE client is 53…
If you plan to trade stocks, it helps to get an understanding of basic terms that are mentioned frequently on TV, radio, and social media. There are three Major indices:…
A lot of people who consult with me about their debt problems are going through the worst time of their lives. Unlike other problems in life that sometimes just go…
AMOUNTS for tax returns in 2018 are compared with amounts in 2017. Exemption credits: a. $118 from $114 – Single, Married filing separately, Head of Household. b. $236 from $228…
YES, definitely! These are the best of times to invest in the stock market. If you are not trading stocks now, you are missing the longest bull run in history….
TRISTAN Do worked as a mechanical engineer at Raytheon Space and Airborne Systems Company for eight years without any issues. However, that changed when he started reporting to a new…
“Creditors have to pay lawyers to file the lawsuits and get the judgment and liens. They cost money as everyone knows. Trump paid his personal lawyer Cohen hundreds of thousands of…
“Bankruptcy is never a fun thing to do or just an easy way out for people who simply want to run away from their obligations. The fact is that most…
• YOU may need to pay quarterly estimated taxes unless tax owed is less than $1,000 upon filing of the tax return or you do not owe any taxes in…
Last week’s sell off inspired me to write today’s article to caution you when stock markets dive. When stock prices drop, one’s first reaction is to sell. That’s the worst…
THE clients are young seniors at 62. The husband took an early retirement as he has a serious illness. Two years ago, the husband was diagnosed with stage 3 leukemia….
(Bonuses and shift differential pay can increase overtime rates) “Under California law, overtime pay is computed on the basis of the employee’s “regular rate” of pay. If the employee receives…
“A K-1 visa allows a foreign national to come to the United States to marry a United States citizen. The K-1 visa is valid for ninety (90) days after entry…
“Remember that a debt settlement company cannot legally represent you if you are sued and thus, they cannot protect your legal rights. Also keep in mind that some creditors will…
YOU have not filed your income tax returns for the current year and previous years because: 1) you decided you are not required to file? 2) You are a victim…
WHEN debts spiral out of control, bankruptcy can become an invaluable financial recovery tool in getting you back on the right track. While it’s not for everyone, close to a…
1. DEALING in Cryptocurrencies People are not reporting transactions with Bitcoin, Ethereum, or Litecoin. The general public may not be aware that they are reportable. They may also not know…
