[COLUMN] Get out of debt to build real wealth
Don’t let this happen to you! A client of mine said he never saw it coming. Everything he ever wanted in life, he always purchased on credit. The “pre-approved” credit…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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[COLUMN] Owner of several businesses needs bankruptcy relief
Seniors need relief for credit cards GAS prices are very high at $7 a gallon at some stations. The Ukraine war is entering its fourth month. Inflation is at 8.2%….
[COLUMN] California court’s power to make divorce orders when one spouse does not live in California
This is a common question among people contemplating divorce in California when the other spouse does not live in the state. The California Courts has the power to grant a…
[COLUMN] Get out of debt to build real wealth
Don’t let this happen to you! A client of mine said he never saw it coming. Everything he ever wanted in life, he always purchased on credit. The “pre-approved” credit…
San Gabriel Valley Megamix Expo returns on June 30
GET ready for a packed schedule of workshops, networking and giveaways at the San Gabriel Valley Megamix Expo on Thursday, June 30. Held at the Hilton Los Angeles/San Gabriel (225…
Tri Counties Bank and National Asian American Coalition launch down payment assistance program
CHICO, CA — Tri Counties Bank announced on June 22 a partnership with the National Asian American Coalition (NAAC), to provide a Down Payment Assistance (DPA) Program that will launch…
[COLUMN] What is the interactive process?
Q: I work for a mid-size company in Los Angeles. I was recently diagnosed with a serious illness that will require surgery and several weeks of recovery. I’m worried about…
[COLUMN] Reimbursement for community contribution towards a spouse’s education and student loan during marriage
ONE of the biggest problem of millenials and Gen Z are educational cost and student loan debt. This eats up a large part of a households budget even among married…
[COLUMN] Are PPP and other federal pandemic loans dischargeable in bankruptcy?
MANY self-employed individuals have relied on the Paycheck Protection Program (PPP) and other federal pandemic loans to rescue their businesses from going under. If you notice, many restaurants that we…
Small, Fil-Am-owned businesses thrive in pop-up markets across NYC
NEW York City is home to multiple markets, including ones that pop-up once the weather gets warmer. There are also street fairs all over the city’s neighborhoods and some that…
Fil-Ams urged to pour in capital in PH franchise industry
LOS ANGELES—Buoyed by optimism of higher economic growth this year, the Philippine government is encouraging Filipino Americans to pour in more investments in the country’s franchise industry. In a recent…
[COLUMN] Is there life after bankruptcy?
WHEN contemplating bankruptcy as a way out of debt, one is often faced with the question: What would my life be like after I file bankruptcy? When can I have…
[COLUMN] Missed break payments should be timely paid and reported in paystubs
Gustavo Naranjo worked as a guard for Spectrum Security Services, Inc. (Spectrum), which contracts with federal agencies to transport prisoners who have appointments outside custodial facilities. Naranjo was fired after…
[COLUMN] Client compares Chapter 13 with various alternatives for $60K credit cards
THE client is 50 and married. He owes $60,000 of credit cards. He pays $2,000 a month as minimum credit card payments to keep the $60,000 current. His wife is…
[COLUMN] Parent’s right to change child’s residence to another state in custody cases
Parents that are going through divorce and legal separation sometimes have to make a decision to move out of state for various reasons. It may be because their family network…
Four million hard-hit businesses approved for nearly $390-B in COVID Economic Injury Disaster Loans
SBA delivered an unprecedented level of economic aid to small businesses impacted by the pandemic WASHINGTON, DC – As the country continues to transition from a historic economic recovery to stable,…
Board votes to oversee grant program to harden homes in rural communities
THE County Board of Supervisors voted unanimously on Tuesday, June 14 to establish a Home Hardening Program as part of a state pilot program to encourage homeowners to create fire-resistant…
California mortgage relief program expands eligibility for homeowners amid COVID hardships
THE California Mortgage Relief Program announced that it is significantly expanding eligibility requirements to offer funding to a greater number of California homeowners who have fallen behind on housing payments…
[COLUMN] Does filing bankruptcy make sense for your situation?
NO one ever likes to talk about bankruptcy. However, it’s simply a fact of life. Things happen. Whether it’s losing your job, going through a divorce, having huge medical bills…
[COLUMN] What is retaliation against a ‘protected activity’?
Q: I HAVE been employed by a mid-size company in Los Angeles for over 2 years. Recently, some co-workers privately talked to me that several workers in their department often…
[COLUMN] How important is it to have a living trust?
THINKING about one’s demise is not something people want to spend time thinking about. However reality is that we all have to face this one day. It is just a…
[COLUMN] Senior client with business faces crossroads with $70K credit cards
THE client is 72, married, and owns a small business. He’s been operating the business for the last 30 years. At its height, when times were good, the business had…
[COLUMN] How to consolidate your debts through Chapter 13
WHEN people think of bankruptcy, oftentimes they think of the worst thing that could happen to them — losing their home, cars and other assets that they have. The truth…
[COLUMN] Employees lose wages when employers round down or shave work hours
MOISES Negrete worked at Conagra Foods, Inc.’s food processing facilities located all over California. Moises and other workers sued their employer in a class action, alleging failure to provide them…
[COLUMN] Chapter 13 client with house default dies. What happens next?
THERE’S a time to be born and a time to die, a time to plant and a time to harvest. There’s a time for everything. So states Ecclesiastes 3: “For…
[COLUMN] Will I have to pay spousal support if I file for divorce?
The purpose of spousal support is not defined by the legislature in that its purpose varies according to the facts and circumstances of each case. The facts and circumstances of…
Improved biodiversity, water systems, community recreation: LA releases finalized LA River master plan
AFTER nearly 30 years after the first master plan for the historic Los Angeles River, the county is closer than ever to harnessing the full potential of the river to…
Creating safe working environments: Rajeev Agarwal shares how Sales Rain thrived amid the COVID-19
The COVID-19 pandemic has undoubtedly changed the way businesses work. With the virus limiting social interaction, corporations across the globe were forced to close their offices and send their workers…
Promoting Leadership With AAPI Stories and Voices
SCE celebrates community and business partners during Asian American Pacific Islander Heritage Month. By Shulie Tornel Patty Rhee’s parents stopped checking her grades when she started high school, which is…
[COLUMN] Employees injured in off-work premises: Are employers or property owners liable?
CAROL Holaday and her husband Jim Willcoxson were employed by Colonial Van & Storage, Inc., a moving and storage company in Fresno, CA. Holaday was a supervisor and long-haul dispatcher….
