[COLUMN] CA employees may have more paid sick leave due to COVID surge
Q: COVID continues to be problem for many and is hitting close to home with these new variants that are highly contagious (I know relatives and friends who are getting…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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[COLUMN] Why using your married child as a co-borrower to refinance your house is a bad idea
MANY parents who may have problems refinancing their house due to low income in retirement or due to low credit score sometimes resort to the idea of having their married…
[COLUMN] Filing bankruptcy due to excessive credit card debt?
Are you seriously in debt and don’t know what to do? Individuals who have accumulated excessive debt are often left to ponder whether bankruptcy is their only realistic way to…
[COLUMN] Nevada State Taxes
Nevada does not have corporate or personal income tax. It’s for this reason that businesses leave their states of residency to set up shop in Nevada. Individuals also flock to…
[COLUMN] Do I have to disclose my Bitcoin to my spouse in my divorce case?
Bitcoin and other cryptocurrency has become popular lately as a new store of value. It is decentralized and not subject to regulation in any jurisdiction. It can be stored in…
[COLUMN] Unequal pay + sexually-hostile workplace = sex discrimination: The sequel
WE previously wrote in this column about the case against Riot Games, Inc., a multi-billion dollar video game developer, with headquarters in Los Angeles, operating in 24 offices around the…
[COLUMN] What is a ‘hardship’ discharge in Chapter 13?
CHAPTER 13 is a reorganization of your financial affairs where you pay a portion of your debts over 36 months or 60 months depending on where your household income is….
[COLUMN] Achieve freedom by taking down your mountain of debt
TOUGH financial times caused by the pandemic are pushing strapped consumers over the edge. Delinquencies and balances on delinquent credit cards are on the rise again. Faced with layoffs and…
Eileen Viray Alcones joins JPMorgan Chase as San Leandro Community Manager
EILEEN Viray Alcones was raised in the heart of the East Bay after her parents immigrated to the United States from the Philippines to live out their American dream. Now, as…
[COLUMN] When is my prenuptial agreement not enforceable?
MANY people are of the perception that simply downloading a prenuptial agreement from the internet and signing it with their fiance offers them a bullet proof protection from a divorce….
[COLUMN] Tax filing choices for your Nevada LLC
When you set up your own business, you have a choice of operating as a sole proprietorship, partnership, corporation or LLC. How do you select which entity is most beneficial…
[COLUMN] When is my prenuptial agreement not enforceable?
MANY people are of the perception that simply downloading a prenuptial agreement from the internet and signing it with their fiance offers them a bullet proof protection from a divorce. …
[COLUMN] Mandatory meetings, remote training are hours worked & must be paid
Sevag Chalian worked as a pharmacist for CVS Pharmacy Inc. Chalian and other pharmacists are required by CVS to complete “mandatory training modules.” The employees were instructed to complete their…
[COLUMN] How to put a handle on too much debt
IS there such a thing as “good” debt? Sure there is. Debt can get you a higher education and get you a profession. By higher education, I mean college and…
[COLUMN] Can bankruptcy change your life for the better?
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…
SFIO announces $50-M eco-luxury community project in world-renowned Puerto Princesa, Palawan
With stunning views of Ulugan Bay, the eight-hectare seaside community will feature world-class resort amenities and pioneer health and wellness offerings in one of the world’s most iconic islands LAST…
[COLUMN] Preparing your estate for the COVID-19 pandemic
The COVID-19 Pandemic is a scary reality which affects everyone globally and has shut down the global economy. Individuals over 65 are more at risk of having serious complications with…
[COLUMN] Preparing your estate for the COVID-19 pandemic
THE COVID-19 Pandemic is a scary reality which affects everyone globally and has shut down the global economy. Individuals over 65 are more at risk of having serious complications with…
[COLUMN] Resolve to have no more debt for 2022
WHAT’S in store for us for 2022? I was just thinking that this is the year we beat the pandemic permanently and the coronavirus decides to mutate into something that’s…
[COLUMN] New laws taking effect in 2022
Minimum Wage Increases Effective Jan. 1, 2022, the California state minimum wage will increase to $15 per hour for employers with 26 or more employees. For employers with 25 or…
[COLUMN] Can bankruptcy solve your debt problems?
A LOT of people who are contemplating bankruptcy as a solution to their debt problems often wonder if it can be avoided at all. They fear that they might be…
[COLUMN] Piercing the veil of a Nevada corporation
Should you operate your business as a sole proprietorship, partnership, corporation or LLC? You may have heard that corporations and LLCs offer liability protection for shareholders and members. You may…
[COLUMN] Should you be paid more for working on holidays?
Q: I will be working on Christmas and New Year days. Am I entitled to holiday pay? A: Hours worked on holidays are treated like hours worked on any other…
[COLUMN] Bankruptcy: How federal law can help you get a fresh financial start in 2022
I remember the story of a poor, old beggar who died one day – and to everyone’s surprise, a money belt found wrapped around his waist contained thousands of dollars…
[COLUMN] Q&A for Nevada LLCs
Can creditors go after my business? Yes, creditors can go after your business – but only after business assets (business bank accounts, equipment). But they cannot go after your personal…
[COLUMN] If your house value is close to maximum homestead exemption, use Chapter 13 not Chapter 7
CLIENTS are seniors and they have a house in Los Angeles County where the homestead exemption is $600,000. The exemption amount refers to the equity in their house. Equity means…
[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] What is a ‘hardship’ discharge in Chapter 13?
CHAPTER 13 is a reorganization of your financial affairs where you pay a portion of your debts over 36 months or 60 months depending on where your household income is….
[COLUMN] Are you feeling buried under a mountain of debt?
ARE you facing a mountain of debt and don’t know what to do in order to avoid getting buried? Debt problems can wreak havoc on your personal life in many…
[COLUMN] ‘Managers’ may still be owed overtime
PAMELA Ruben-Knudsen and Marnine Casillas were employed as Client Service Managers by Arthur J. Gallagher and Co., a brokerage firm. Client service managers are salaried and considered exempt from overtime….