Annual 1099-C Don’t Freak Out Reminder!
Every year, we get panicked emails, phone calls, carrier pigeon messages from clients who filed for bankruptcy and then received a 1099-C in February when tax forms start coming out. Don’t panic. Here are
Continue Reading Annual 1099-C Don’t Freak Out Reminder!
Yesterday (January 5, 2021), news websites reported the following two headlines:
PANDEMIC SPURS MOST BANKRUPTCY FILINGS SINCE 2009The sky is falling, the sky is falling!
BANKRUPTCY FILINGS HIT 35-YEAR LOW THANKS TO GOVERNMENT PANDEMIC AID
Wait, what? I thought
Continue Reading A Lesson in Internet Headlines
Living on credit is a day-to-day reality for millions of Americans.
Consumer debt in the United States totals $14.1 trillion — that’s $14,100,000, 000,000 – with the average person owing over $90,000 (according to Experian’s 2019 Consumer Debt Study).
Continue Reading When Should I Consult an Attorney about my Debts?
With the stroke of a pen, California’s homestead exemption — the amount of equity in one’s primary residence that can be protected from creditors — increased from $75,000, $100,000, or $175,000 (depending on the circumstances) to the greater of $300,000
Continue Reading New Homestead Exemption Will Have Significant Impact On Bankruptcy Practice In California
You may have read headlines recently such as “Court Allows Bankruptcy Discharge of $200,000 in Student Loans” and thought now is the time for file bankruptcy and get rid of your student loans. Unfortunately, headlines can be deceiving.
Continue Reading No, The Tenth Circuit Court of Appeals Did Not Say You Can Discharge All Your Student Loans in Bankruptcy
I always say that one of the most frequent sayings I hear is, “I didn’t know…” and it happened again on Friday.
I was reminded this week that people may not realize how we help individuals and business owners with
Continue Reading I Didn’t Know You Help With That!
The CARES Act, passed on March 27, 2020, kicked off a chaotic and unorganized process of applying for a new program called the Paycheck Protection Program. On the surface, this looked like a great program for struggling businesses. A loan
Continue Reading Round 2 of PPP: Tips to Make or Break Your Approval Odds
Lots of information out there about the new CARES Act and what it purports to do. It’s a huge document and has a lot of moving parts. In an attempt to pull out useful information for the average consumer and
Continue Reading The CARES Act and the Paycheck Protection Program: What You Need to Know
Lots of information out there about the new CARES Act and what it purports to do. It’s a huge document and has a lot of moving parts. In an attempt to pull out useful information for the average consumer and
Continue Reading The CARES Act and Chapter 13: What You Need to Know
Lots of information out there about the new CARES Act and what it purports to do. It’s a huge document and has a lot of moving parts. In an attempt to pull out useful information for the average consumer and
Continue Reading The CARES Act and Student Loans: What You Need to Know
