Your debts and the wisdom of King Solomon
LAST week we talked about King David and his lust for Bathsheba. As punishment for King David’s sins of coveting Bathsheba who was Uriah’s wife and murdering Uriah so he…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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State mails head of household questionnaire
IN July of each year, the Franchise Tax Board of the State of California mails Questionnaire Form 4803 to taxpayers who claimed Head of Household status the previous year. Do…
May restaurant employees recover additional wages for employment violations?
Q: I WORK as a kitchen staff in one of the busiest restaurants in Los Angeles. I often work 10-to 14-hour days but I am not paid overtime. Also, even…
How do you negotiate to discount your second mortgages?
MANY homeowners with first or purchase mortgages also add on second mortgages such as home equity loans. Unfortunately, job loss and tough economic times can cause homeowners to become delinquent…
Squeaky clean, in-between
Cleaning your teeth properly includes cleaning between you teeth, and the best way to clean between your teeth, and the other places your toothbrush can’t reach, is with flossing. A…
Don’t let your family suffer because of your debt problems
“ When you are overwhelmed with debt problems, the situation becomes even more challenging when you have a family that you are supporting. Your paycheck may not even be enough…
Your debts and King David’s lust
SOMETIMES you wonder why you acquire so much debt without really thinking about it. Client makes $20,000 a month which is high income. When his home increased in value in…
Tax tips for students working at a summer job
HERE are 10 tips for students with summer jobs: 1. Fill out Form W-4 (Employee’s Withholding Allowance Certificate). This form is used by employers to determine the amount of tax…
What to do when injured on someone else’s property
WHILE visiting someone else’s home or place of business, a person may become seriously injured. Such injuries may have arisen as a result of wet floors, uneven steps or floors,…
How higher interest rates will affect your home buying power
FANNIE Mae and Freddie Mac are the leading indicator and director of mortgage interest rates. You and I are at their mercy to keep rates low in order for more…
Who else needs a loan modification before it’s too late to apply?
THE government announced last week that it was extending the application deadline to apply for relief under MHA (Making Home Affordable Program) but only through December 31, 2015. Thus, for…
Remind yourself to be free from debt like passover seder
WHAT are the 4 questions in ‘Passover Seder”? Passover Seder is a ritual feast held in the homes of Jewish people as part of the Passover celebration. They celebrate this…
12 easy ways to attract an audit
WHILE there are no guarantees to avoid an audit, there are creative ways to attract one. Below are 12 easy ways to increase your audit profile. Try any combination to…
Time off or ‘Comp time’ as alternative to overtime pay
Q: I WORK as an hourly employee for a private business. There are days when I work more than 8 hours per day. However, instead of paying me overtime, my…
When mortgage rates are these low, take advantage
YOU can’t hear enough about the fact that mortgage rates are at record lows! Its absolutely true, I have been in the mortgage and RE business for over 25 years…
Are you sinking deeper into debt every month?
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…
LBC Introduces Air Cargo
Recipients get packages in 7-10 days South San Francisco, Calif., May 30, 2013 – LBC continues its tradition of innovation and excellent customer service by introducing air cargo with free…
Heavy debt problems are light compared to Book of Lamentations
PEOPLE with heavy debt think that they have serious problems in life that are almost unbearable. “Attorney, we can’t sleep because our creditors are hounding us day and night! They…
Employing your children in summer
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…
Caregivers to recover over $1.5 million in unpaid wages
BEDFORD Care Group, Inc., a company that operates six assisted living facilities in Fresno County, was recently cited by the labor agency, for violating California’s employment laws including unpaid minimum…
NEW HARP refi for owner- occupied or rental property that is upside down
“Homes that are under water have only a few option to refinance their mortgages, the HARP programs is probably your best bet but it’s not for everyone and there are…
Don’t let car troubles ruin your travels
Motorists should make certain their vehicle is up to the rigors of travel. Whether you do your own maintenance or depend on the pros, Regular service let’s you undo the…
Chapter 13 can help avoid pain of foreclosure
FILING Chapter 13 bankruptcy is often a last resort for people in foreclosure when no other options exist. A lot of homeowners usually put off making this decision for a…
Use the Sword of God and Gideon on your debts
DEBTS are a big headache for many people. In my last article, I suggested that if you had problems with debt you should rely on Psalm 23 for comfort. It…
At 60, do I still want to own a house?
CALLER: Hi Ken, I have been following your columns for many years and they are very informative and delightful. I am turning 60 and want to buy a home again….
Should a husband and wife place rental properties into an LLC?
Background A LIMITED Liability Company is referred to as “LLC.” A husband and wife can form an LLC for their real estate properties. You can choose the type of entity…
Helping consumers fight insurance bad faith
WHEN insurance companies issue a policy, they promise that they will take care of their policyholders when they suffer a serious loss to their home, their car, or their health….
Stay healthy and save money with preventative dental care
Many people admit that they only visit the dentist when they feel something is wrong. If you don’t wait until it’s too late, your visit can be comfortable and convenient….
Chapter 13: Make your home and debt payments more affordable
CHAPTER 13 is the section of the US Bankruptcy Code that allows individuals in the United States to reorganize their finances. If you are having difficulty paying your debts (credit…
Damage intentionally caused to foreclosed house not dischargeable
“ As already explained, there is no question that the debtor subjectively intended to cause injury to INB’s interest in the residence. The debtor admitted to being involved in removing…