[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…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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[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….
[COLUMN] Know your options to get out of debt
ARE you seriously in debt and don’t know what to do about your situation? Are you afraid that unless you do something about it, thing will just continue to get…
[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] Chapter 7 vs. Chapter 13
WHAT’S the difference between Chapter 7 and Chapter 13 bankruptcy? Chapter 7 is called a fresh start because it wipes out all dischargeable debt while allowing the debtor to keep…
Author of ‘More Than Money’ shows entrepreneurs how to access their inner voices to make better decisions
GLENDALE — Fatima Bustos-Choy, Ph.D., knows what it is like to deny her own inner voice. After all, it took her 20 years to write her new book on that…
Questions to My Mentor: Q&A with JPMorgan Chase’s Vivian Young and Eileen Viray Alcones
You were recently appointed the global head of JPMorgan Chase’s Office of Asian and Pacific Islander Affairs. What led you to this role? This is a newly created role at…
[COLUMN] Baby-bonding time: CA family leave rights for both parents
Q: MY spouse and I are expecting a baby and we are trying to figure out how much family leave we are entitled to so we can each spend quality…
[COLUMN] Five benefits of establishing a revocable living trust
THERE is never the perfect time to think about who you would like to inherit from your estate in case you pass away or at least who among your closest…
[COLUMN] Company or personal liability?
WHEN a person wants to get into business, he or she can do business as an individual, or set up a different legal entity separate from him or herself to…
[COLUMN] Why the habit of saving is key to becoming financially healthier
Savings is a foundational piece to financial health since research has found that unexpected expenses, like car repairs, can become a hardship when people don’t have access to emergency savings…
[COLUMN] Is filing bankruptcy your best solution? Here’s how to know
AS a bankruptcy attorney, I am often asked: “How will filing bankruptcy change my life?” I think people ask this question because of the negative things that they may have…
[COLUMN] Reimbursement for community contribution towards a spouse’s education and student loan during marriage
ONE of the biggest problems of millennials and Gen Z are educational cost and student loan debt. This eats up a large part of a household’s budget even among married…
[COLUMN] When unwelcome or offensive conduct creates an illegal hostile work environment
JANE Doe worked in the office of the California Department of Corrections and Rehabilitation (CDCR). She and another CDCR employee who worked in the same location, Correctional Officer Luis Serna,…
[COLUMN] File bankruptcy without losing anything with proper exemption planning
A person who files bankruptcy does not automatically lose everything they have, contrary to what some people may believe. Because the concept behind bankruptcy is to give the honest debtor…
[COLUMN] What does bankruptcy ‘fresh start’ mean?
LET’S give bankruptcy a historical and legal perspective. Right now, when we say bankruptcy law, we refer to Federal law called the “Bankruptcy Code” of 2005. Creditors did a lot…
[COLUMN] Reimbursement for community contribution towards a spouse’s education and student loan during marriage
ONE of the biggest problems of millennials and Gen Z are educational cost and student loan debt. This eats up a large part of a household’s budget even among married…
[COLUMN] Relief from default in divorce cases
THERE are situations in both Divorce and Child Support cases where the Summons and Petition resulted to a default against one party for failing to respond on time. In certain…
[COLUMN] How is life after bankruptcy?
MANY people who need debt relief are afraid to file for Chapter 7 or Chapter 13 because they fear that life after bankruptcy will be difficult. The fear is that…
[COLUMN] Don’t let excessive debt ruin your financial future
ARE you worried about your future due to having too much debt? You’ve probably heard the saying, “The failure to plan is a plan to fail”. And yet so many…
[COLUMN] Unequal pay based on race, gender or disability is unlawful discrimination
Q: I HEAR a lot of talk about “diversity” and “pay equity” in the workplace. I live in California and, yes, I work with a “diverse” group of people in…
[COLUMN] Relief from default in divorce cases
THERE are situations in both Divorce and Child Support cases where the Summons and Petition resulted to a default against one party for failing to respond on time. In certain…
Fil-Am attorney leads class action team, gets $21.56M payout to drivers
By Val Abelgas LOS ANGELES — XPO Logistics Inc., one of the biggest truck companies in the United States, has agreed to pay $20 million to 561 drivers misclassified as…