Debt relief for divorced mom; Obama amnesty for adult child
CHAPTER 7 RELIEF FOR DIVORCED MOM Client is 48 years old and works as an accountant for a business. Her salary is $60,000 a month. Her marriage ended two years…
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The son rises: The business values of Anthoni Salim
(Part 2 of 2) “Don’t’ be Afraid To Hire Professionals” The Salim Group It is one of Indonesia’s biggest conglomerate with assets including Indofood Sukses Makmur, the world’s largest instant…
Client with large credit card debt used to pay college expenses of children seeks debt relief
FOR those with children in high school, the next big expense item they can look forward to, or shall we say, worry about are the college expenses that are just…
Should you file a tax return even if you are not required to?
LET’S discuss reasons why you should consider filing, even you are not required to: • You expect a refund. You have credits that can generate a refund – from taxes…
Finding reprehensible conduct in employer’s gender and pregnancy discrimination
ROSARIO Juarez, a former female employee of AutoZone, Inc., the auto-parts retailer, sued her employer for discriminating against her because she was a woman, for demoting her after learning she…
To people facing a mountain of debt that they can’t pay
ARE you facing a mountain of debt that you can’t pay and don’t know what to do about it? Perhaps this situation is causing you a lot of sleepless nights…
Don’t let your insurance benefits go to waste
THE end of the year is fast approaching! Before year’s end, our team wants to remind you to take a look at your dental insurance benefits. Insurance benefits typically don’t roll over…
12 tips in submitting offers in compromise (OIC) to the IRS
“ If you file for bankruptcy, timing is critical. The IRS cannot and will not entertain your OIC after you file bankruptcy.” AN offer in compromise (OIC) allows you to…
Restaurants cooking up wage violations end up serving back wages instead
“ According to EPI, even though the restaurant industry is one of the fastest growing sector of the economy, its workers are some of the lowest paid and are much…
How to solve IRS problems
READ this if you owe the IRS money and can’t pay. IRS problems have a way of ruining all aspects of your life. They take a toll on you FINANCIALLY,…
The business values of Sudono Salim: Manny Pangilinan’s boss
“To have lived a meaningful and productive life is such a wonderful thing, but to live a life that will be remembered for the wisdom it shared with others is…
Apply now for Obama immigration amnesty
Last week, President Obama finally fulfilled his promise to provide executive amnesty to those who do not have legal status. The President did not call it amnesty, but in fact…
Mother’s house with large equity attached by creditor of client seeks debt relief
CLIENT presents his financial problem as follows. It’s quite interesting and unusual. Client registered a partnership with his younger brother, each owning 50% of a retail business 20 years ago….
Should you use 1031 tax-deferred exchange to sell your property?
YOU plan to sell an apartment building that you purchased 10 years ago at $300,000. It is now worth $800,000. You want to sell but are worried about potential taxes….
My boss lied about the reason for firing me –is my termination illegal?
Q: SEVERAL weeks ago, I was diagnosed with a medical condition that required me to go to my doctor every week for treatment. I had informed my supervisor about my…
Are your debt problems straining your marriage?
FROM what I’ve witnessed in the last 15 years as a bankruptcy attorney, debt problems can put a huge stress on any marriage. When couples are going through a financial…
Public relations
If you have been thinking about marketing your company or brand, you have probably heard these buzz words: paid media, owned media, and earned media. You might be asking yourself…
Oral health and whole body health are closely linked
It surprises people to learn that dentists are often first to discover health conditions like HIV, diabetes, and some forms of cancer. In part, that’s because we typically see you…
Can California banks come after you after a short sale deficiency?
SHORT sale occurs when a property sells for less than the remaining amount of indebtedness. Banks can go after homeowners for the deficiency – the difference between a low sales…
Legal and illegal deductions: Know the difference
Q: AT work, we are required to wear a uniform, which only the employer can provide. The cost of the uniform is deducted from our pay. Is this deduction legal?…
Face debt problems now to avoid pain later
WHEN people are going through financial difficulty and are unable to pay their bills, their first reaction is often to ignore their debts and avoid contact with creditors. They think…
Client seeks to discharge civil judgment, garnishment and substantial credit card debt
WHEN it rains, it pours. When push comes to shove, and your back is up against the wall, you may think of many desperate things that you can do to…
Clients in forties seek chapter 7 fresh start
WE will discuss two new cases involving clients who seek a fresh start in life with no debts owed to anyone. Both sets of clients are in their forties. The…
Can you take early distributions before you retire?
TOUGH times may necessitate dipping into your retirement funds before retirement. Look at the tax impact of such a move. You may be shocked to find out what you are…
When “getting back” an employee becomes illegal retaliation
EVERY now and then, our law firm receives calls from persons who inform us that supervisors reduced their hours, or suspended them for a trump up charge, in order to…
Is your family-owned business struggling financially?
THE recession has been tough on a lot of small businesses. And if you have a family-owned business that is your only source of income, the business may not even…
Why biting down on aluminum foil hurts
HAVE you ever accidentally bitten down on a little piece of aluminum foil? Have you experienced that quick zap of pain? Perhaps a little piece of foil was clinging to the tortilla when…
IRS may have refunds waiting for you
IF YOU earned income in the last few years but didn’t file a tax return because your wages were below the filing requirement, the Internal Revenue Service may have some…
Long 12-hour shifts, no overtime pay, and no breaks? Time to stop the abuse!
KINDRED Healthcare Incorporated, a healthcare services company that operates hospitals, nursing centers, and rehabilitation services nationwide, was sued by its health care employees in California. The employees alleged that Kindred…
To people who want to get out of debt, but are afraid to file bankruptcy
Do you want to get out of debt but are afraid that filing bankruptcy may only make things worse for you? Facing difficult financial times can be a frightening thing…