How to lose money in the stock market
(Part 1 of 4) LISTEN to friends and neighbors: Your friend had just hit the big time with a red-hot stock tip. This is big money. Mucho dinero. You follow…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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Senior needs Chapter 13 relief for $24K credit cards
THE client is 65. She still works middle management and earns $37,000 yearly. Although she is married, I would say that she has some kind of money agreement with her…
Are you feeling the burden of excessive credit card debt?
WITH credit card debt approaching $1 trillion according to the Federal Reserve, there is no doubt that thousands and thousands of families who can’t pay their credit card debts are…
CCYP, Asian Journal partner for the 2019 Asian American Expo
LUNAR New Year is upon us, so the Asian Journal is proud to announce that it is partnering up with CCYP Media Network for the exciting 2019 Asian American Expo…
What’s new: Year-end review and planning
1. TAX identity theft is a significant threat. Fraudsters are more sophisticated and large breaches happening so frequently like the 2017 Equifax incident which affected many Americans, so beware if…
Warren Buffett’s five lessons for ordinary investors
LET’S learn some tips from the greatest investor of all time – Warren Buffet, the Oracle of Omaha. 1. Be greedy when others are fearful and fearful when others are…
Do you have too much debt?
HOW can you answer a question like this? Let’s comment about debt. The Bible says that one should neither be a lender or a borrower. It does not seem to…
Managers, supervisors and administrators are not automatically exempt from overtime
A GROUP of Assistant Branch Managers, who worked for JPMorgan Chase in California, sued the bank in a class action claiming they were misclassified as exempt employees. Because of the…
Get out of debt safely and legally
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…
Jollibee takes full control of Smashburger
U.S.-based burger chain Smashburger has been fully acquired by Jollibee Foods Corp. following the purchase of its remaining stake in the Filipino-owned fast-food chain for $10 million (P526 million). Jollibee…
How will filing bankruptcy change your life?
“While bankruptcy is not for everyone, millions upon millions of people who have no way of getting out of debt have found it to be the BEST thing that they ever…
What to do if asked to sign a separation or release document at termination
“A severance pay is usually calculated according to a specific formula, often based on the employee’s length of service. An employee may try to negotiate for more severance pay than…
Senior wants Chapter 7 to discharge $30K in credit cards
“ Look at the picture of the Indonesian guy who is the oldest man alive at 145. I mean what can you do at 145? You’re practically a cadaver and…
Warren Buffett’s 10 investing basics (Part 2 of 4)
(THIS is a continuation of Part 1 from last week’s weekend edition of Asian Journal) Multi-billionaire Warren Buffett lives simply and adheres to basic but savvy investment principles. 6. Buy…
Own a Piece of Japan: Elevate Your Lifestyle at The Seasons Residences
Federal Land partners with Nomura Real Estate Development and Isetan Mitsukoshi Holdings Ltd. to build The Seasons Residences and first Mitsukoshi Mall in the country Japan is known to be a…
You have not filed your income tax returns for years?
YOU have not filed your income tax returns for the current year and previous years because: 1) you decided you are not required to file? 2) You are a victim…
To people struggling with payday loans!
I’VE seen a rise in the number of cases with payday loans and they are becoming a common issue in bankruptcy filings. What happens to payday loans in bankruptcy? Payday…
Warren Buffett’s 10 investing basics
WARREN Buffett became one of the world’s richest people by adhering to simple doctrines. Let’s learn from his simple living and savvy investing. 1. Be frugal • Multi-billionaire Warren Buffet…
Ending sexual misconduct at work and the importance of court access
LATE last year, bipartisan senators proposed a new law called Ending Forced Arbitration of Sexual Harassment Act of 2017 for Congress’ approval. This bill would ensure that every person facing…
A couple considers how to tackle debt relief for wife
“It looks to me that there’s more stuff going on here, although it’s my policy not to get involved in matters that are between husband and wife. I think wife…
House passes P3.75 trillion 2019 budget bill
THE proposed General Appropriations Act or the P3.757-trillion budget for 2019 has been passed on its third and final reading by the House of Representatives. The P3.757 trillion budget is…
What’s new: Tax Cuts and Jobs Act (Part 5)
HOW you will benefit from standard deduction versus itemized deduction. To maximize your deduction, you take the larger of standard deduction or total amount of itemized deductions by bunching itemized…
Seniors consider Chapter 13 relief for $80K credit cards
“Once the trustee and his lawyers start to administer the bankruptcy estate assets, they will make a lot of money.” THE clients are married to each other and they are both seniors….
Business Innovation Congress Manila 2018 calls to take advantage of technology to meet evolving consumer needs
Pasay City, November 25, 2018—Following its success in China, Kazakhstan, Russia, and Thailand, the Business Innovation Congress opened its first congress in the Philippines at Conrad Manila with the theme:…
Thanksgiving: What a bankruptcy attorney has to be thankful for
IT’S the day before Thanksgiving and I’m here in my office still working on cases. The freeways are crazy today and everyone’s trying to get somewhere to be home with…
Our favorite gadget at the 2018 CES – My special Aflac Duck
NEW technology gadgets were on display at the latest CES (Consumer Electronics Show) in Las Vegas – wall TVs, Virtual Reality and smart phones, but the most fun to watch…
Should employers provide seats for their employees?
“California law generally requires employers to provide suitable seats to employees when the nature of the work reasonably permits the use of seats. Calfornia courts have clarified that the phrase…
Seniors consider Chapter 13 relief for $80K credit cards
“Once the trustee and his lawyers start to administer the bankruptcy estate assets, they will make a lot of money. I understand that the moneymaking bankruptcies are offset by the money-losing bankruptcies;…
Palace: Details of PH and China deals to be released
Amid critics calling for transparency, Malacañang has promised it will issue the details concerning the deals signed during Chinese President Xi Jinping’s official two-day visit to the Philippines earlier this…
China, PH sign 29 deals
Philippine President Rodrigo Duterte and Chinese President Xi Jinping on Tuesday, November 20, signed 29 agreements signifying a “milestone in the history of exchange” between the two countries. “Thanks to…