Do you want to get out of debt and start fresh in 2021?
ARE you sick and tired of being in debt and having bad credit? Do you want to start over but simply don’t know where to begin? Is filing bankruptcy an…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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Time worked by employees though unproductive to employer must be paid
Commission-based employees owed for non-sales work STEVE Johnson and Scott Scollitt worked as mortgage loan originators for U.S. Bank National Association. These employees sued their employer for unpaid wages and…
New retiree chooses Chapter 7 fresh start to wipe out $45K credit cards
THE client just turned 67 and has been working for 40 years at a job that pays him $70K a year. He retired two months ago so he doesn’t make…
NDC/NAAC founder Faith Bautista joins eCredable advisory board
Champion of credit-challenged minorities views eCredable Lift as powerful tool in the fight to address the ‘credit invisible’ challenge FAITH Bautista, the founder and CEO of both the National Diversity…
Filing bankruptcy when faced with the unexpected
MANY people find themselves in the position of facing overwhelming debt, with constant calls from creditors and no obvious way out. For some, job loss sent them into a downward…
Best car concepts at the Las Vegas CES
THE biggest electronics convention in the world has traditionally been confined to gadgets of the future but the 2020 Consumer Electronics Show in Las Vegas featured exciting new cars –…
3 different Chapter 7 cases
FAMILY of 3: $40,000 credit cards owed Client no. 1 is so young. She is in her late 30s. I remember when I was that young —a young lawyer with…
The rights of employees working in private households
The overtime compensation for ‘live-out’ employees is computed in the same way as that of a regular non-exempt employee who works in other occupations. This means ‘live-out’ household employees must…
Kumon math & reading centers rise to #7 in Entrepreneur’s Top Global Franchises ranking
Kumon is an after-school math and reading enrichment program that unlocks the potential of children ranging from preschool (age 3) to high school so they can achieve more on their…
99 Ranch Market expands grocery delivery with Instacart
The new service kicked off on October 29 in stores nationwide BUENA PARK, CA – To serve customers more seamlessly and to further scale up its e-commerce channels, 99 Ranch…
Island Pacific celebrates Filipino American History Month with mask initiative
October is a busy month for the Filipino American community as it celebrates Filipino American History Month. There are many opportunities at Island Pacific Supermarket, as well as community wide…
Superfast 5G for cellphones at the Las Vegas CES
There’s been a buzzword in cell phone speeds: 5G. Just what is meant by 5G? Our Asian Journal crew found out some valuable data at the latest Consumer Electronics Show…
Worried about your debt problems during the pandemic?
FIRST of all, you are not alone. I just read the news today and experts are warning us again about expected spikes in COVID cases for the rest of the…
Reimbursement for business expenses while working from home due to COVID-19
Q: WHEN California’s Safer at Home Order took effect in March 2020, I and my co-workers were instructed to work from home. Since then, I have had to buy a…
Clients seek to discharge $100K and $30K credit cards
Qualify for different chapters of bankruptcy code Most debtors prefer to have a Chapter 7 wipe out of debt. This is called a fresh start without debt. Most debtors who…
This Company is Helping Communities Create ‘SafeZones’
CerarMist brings to you the next generation of surface sanitizers and protectants which enables the public and private sector to respond to the unique set of challenges brought on by…
PH among highest in online piracy in Southeast Asia
The Philippines engages in online piracy more than neighboring countries like Indonesia and Malaysia, according to a new study of the online content viewing behaviour of Filipino consumers. The survey,…
PH among top 10 in worldwide telco investments
The Philippines is among the top 10 countries in the world when it comes to investments in telecommunications, according to the Institute of Management Development’s (IMD) World Competitiveness Center. In…
Survey: Facebook greatest source of coronavirus disinformation
Out of all the social media platforms available, Facebook is the “most prolific enabler” of disinformation about the coronavirus pandemic, according to a recent international survey among journalists. The “Journalism…
With improved gains, Abacore optimistic about long-term prospects
Investment holding firm Abacore Capital Holdings is optimistic that Batangas, one of the country’s fastest-growing provinces, will continue its economic growth in the years to come as they have seen…
Mortgage rates hit new low
by Martin Santiago, Broker-Associate THE average 30-year fixed mortgage rate fell to 2.81% from 2.87% last week, Freddie Mac said in a Thursday release. The reading is the lowest in…
Robots at the Las Vegas Consumer Electronics Show
SOME of us feel anxiety over robots taking over our jobs. Yes, they can take over repetitive chores, but let’s view them as helpers to release us from boring repetitive…
Is the fear of bankruptcy stopping you from getting the help that you badly need?
WHEN the virus makes your income disappear overnight, it can be very frightening to realize that you can’t go very long without it because your bills don’t stop just because…
Returning to work after the employee’s or family member’s COVID-19 illness
Q: I WAS off work for 2 months as a result of my COVID-19 infection. I was hospitalized and received treatments while under quarantine, Thank God I was eventually relieved…
Chapter 7, 13 or debt settlement? Client with $40K in credit card debt examines the differences
THE client is 42 and is going through a divorce after a short two-year marriage. He has moved out of the marital home and now lives by himself. He has…
New Fil-Am-led startup plans to harness the power of data and AI for the emerging middle class in the Philippines
EARL Valencia has been working on startups for as long as he can remember and he has made it his passion to help accelerate the development of the startup ecosystem…
How to avoid IRS audits
1. REPORT all income IRS receives copies of 1099s and W-2s from your work, bank, buyers – people who pay you. Failing to report a W-2 wage statement or1099 subcontract…
New law provides greater protection for your home against creditors
THIS has got to be the best news I have heard recently! Given the huge job losses and high unemployment rate that have left many unable to pay their debts,…
Why Prop 22’s denial of employee status is bad for CA workers
Independent contractors are in business for themselves and generally work on a freelance basis, often with several clients. They either have specialized skills (e.g., actors, writers) or advanced degrees (e.g.,…
Young client chooses Chapter 7 as business dies with $80K credit cards owed
THE client is young in his 50s. Believe me, that’s young. This is not only mentally young, but physically, 50s is still quite young. It is said that the 60s…