Decides future wages belong to debtor when chapter 13 is converted to chapter 7 IMAGINE that you are a Chapter 13 debtor with a 5-year reorganization plan. In this plan, you commit your future wages to assure payment of the plan payments. However, one year into the plan, you are not able to pay the current…
Q: I WORK for a temp agency as an hourly employee and I recently got sick. I asked the employer if I was entitled to paid sick leave. I was told that I was not entitled to paid sick leave because I was a temporary worker. Is this right? A: The law used to be…
Choosing the proper entity for your business (Part 1 of 5) YOU have decided to go into business for yourself. Should you operate as a sole proprietorship, partnership, corporation, LLC, or LLP? How do you select which entity is most beneficial for you? Choosing the wrong form could cause unnecessary taxes, increased liability, and unnecessary exposure…
IF you are searching for debt reduction solutions, no doubt you’ve been inundated with advertisements for various debt management programs, companies and solutions. The choices seem confusing to the average consumer. The truth is that every situation is different and what may work perfectly for others is not necessarily going to work the same way…
WHILE we endeavor to help our patients aoid tooth problems, with the reality is that by the time many people get to the dentist, they are already experiencing symptoms of dental distress. Many common dental complaints – both physical and cosmetic – can be traced back to enamel damage. Tooth enamel is the hard, outer…
Credit cards with $50K judgment liens attempt to force sale of client’s residence Client No. 1 CLIENT is 82 and recently widowed. She now lives with her daughter who takes care of her. She is a little forgetful but otherwise is in good health. Client does not own a house, or a car. She doesn’t…
Q: SEVERAL days ago, I was terminated from work. To add insult to injury, my employer has not given me my final pay. When I called to ask the status of my paycheck, I was told they mailed it to me. I have waited for it but have not received it. What are my rights…
YOU have just received an invitation to the offices of the Internal Revenue Service. They want to examine your return. Don’t panic. All these years, you have stashed funds for a rainy day. This is a rainy day. Compose yourself. Then go to battle. Don’t be over confident though. I am just boosting your morale….
THE last few years have been financially difficult for a lot of people. When the real estate marked crashed a few years ago, millions of people found themselves with a mortgage they could not afford. A lot of people simply walked away from their homes out of desperation in some cases, they were forced out…
CHEWING is the first step in digestion, but chewing our food only enough to swallow it down doesn’t count. If you’re rushing proper chewing—especially if it’s due to dental distress—you’re robbing yourself of some important benefits! Chewing helps retain energy and absorb nutrients Chewing our food does more than simply give us time to taste flavors. The more…
Working senior seeks to discharge $60K personal loans; Trustee wants explanation of how client used $180K “ Sometimes daughters get married to men who are able to convince daughters that they should give up their mothers because daughters are now adults. It’s not the mother who loses. It’s the daughter who loses the wisdom, love…
ELAINE Allyn has worked as the Director of Educational Technology for Fallbrook Union Elementary School District in San Diego County for about 18 years. In early August 2011, Allyn’s boss, Ray Proctor, instructed her to wipe out the district’s entire electronic data imaging in the archive system and to wipe out all emails in the…
THIS is a common scenario. You’re in debt and you know that you need to do something about it because your financial situation continues to get worse month after month. You keep hoping that things will turn around for the better but things are not improving. As a matter of fact, they’re getting worse because…
CHILD Tax Credit allows you to reduce your federal income tax by a maximum amount of $1,000 for each qualifying child through age 16. A qualifying child is someone who meets the following criteria: – Age – child is 16 or younger at the end of the year. – Relationship – child is your son,…
Spouses need to be joint debtors from start of case “ It’s safer for the late filing spouse to file her own case so both cases will succeed. But with two cases, you will pay attorney and filing fees twice. So spouses should decide early on whether they will file a joint case or not.”…
SHOULD you attend an IRS audit? Yes, I mean, you – your own audit. Well, you don’t have to. This is always a strategic question that should be discussed at the planning stage of an audit. Of course, you do not want to go. Of course, I do not want you to go either. So…
Why workers should fight for employee status “UBER driver deemed employee by Labor Commissioner” is a headline. Why should this matter? Because employees receive more, in terms of pay, and in terms of legal protection than independent contractors. Employees, for instance, are reimbursed for expenses they incurred in performing their work. The driver’s claims against…
Senior needs chapter 13 to handle IRS and unsecured debt of $40K Client No. 1 CLIENT is 57. When he comes to see me, he tells me that he has just spent two years in jail and is now on probation for involuntary manslaughter, which means he was convicted of having killed someone by accident. He…
YOU have just lost an audit and have decided to bring your case before the appeals office of the IRS. You have learned the basics of the appeals process and how to prepare for the conference from previous articles. Let me now give you 10 strategies as you face the Appeals Officer: 1. Respect the…
CUSTOMERS give tips in appreciation for the service of waiters, bellboys, hotel maids, valets, drivers, and even performers who sing and dance. Can employers demand a share of these tips from their employees? Quincece Hills, a topless and nude dancer at the City of Industry nightclub, Paradise Showgirls, sued the nightclub and its owners, alleging…
NO one ever wants face a debt crisis but at one time or another in your life, you may have to deal with one. Having debt problems does not make you a bad person although some people feel a sense of guilt as they feel responsible for the decision that they have made that led…
Did you know that email is the number 1 digital platform to generate qualified leads? For some, you might associate email with unwanted spam. Nobody wants unsolicited mail just like nobody wants unsolicited phone calls. However, if you have ever bought anything online and started receiving emails, chances are you are interested in what they…
Good samaritan client seeks to discharge $2o,ooo lawsuit; Senior seeks solution for wrongful death $1.0M lawsuit “ Only 10% of California foreclosures are judicial. 90% of foreclosures are extrajudicial where there is no lawsuit and no court judgment is involved. Extra-judicially involves only a notice of default that is recorded with the county recorder’s office,…
THERE are three basic types of audits: correspondence, office, and field examinations. Correspondence audits are the simplest ones – W2s, 1099s and other items that can be easily resolved by mail. Office audits are more complicated and involve small businesses and individuals with difficult issues. The exams are conducted at the IRS offices (not your…
Q: MY employer has been sued in a class action by another employee who is trying to collect unpaid wages. All the employees, including me, received a Notice from an Administrator saying that the attorneys who filed the class action want to obtain my name and contact information because I might be a member of…
AS we go through life, we are likely to encounter several bumps along the way. This is especially true when it comes to our finances. I’m sure you’ve heard of people who have had overnight successes. But sometimes just as quickly, the financial responsibilities that often come with the success can quickly overwhelm the unprepared. …
HAVE you wondered what the numbers mean that a hygienist calls out while examining your gums? They’re readings of the gum pocket depths in your mouth, and they’re an important part of monitoring your gum health. Pocket readings help us measure inflammation Pocket depth refers to your gums’ attachment to your teeth. If there’s an infection in your gums,…
Court allows postpetition creditor client to deny discharge of debtor Client No. 1 CLIENT is 74. She was married to her husband for 30 years. Husband was a lot older than her when they got married but it was a fairytale marriage. Husband was a good man who loved her so. They met each other…
Court allows postpetition creditor client to deny discharge of debtor Client No. 1 CLIENT is 74. She was married to her husband for 30 years. Husband was a lot older than her when they got married but it was a fairytale marriage. Husband was a good man who loved her so. They met each other…
IF you run your own business, consider employing your children this summer vacation. Employing your children gives you a triple benefit: 1. It teaches your children the virtue of work and the value of money. 2. It could save you taxes by shifting income down from your rate of about 33 percent to 39 percent …
