Are you struggling with debt and considering bankruptcy? There are new bankruptcy thresholds that may help you qualify. Here's what you need to know: What is Bankruptcy Threshold Adjustment and Technical Corrections Act? On June 21, 2022, President Biden signed the Bankruptcy Threshold Adjustment and Technical Corrections Act. This bill made modifications for the amount [...]
If you are considering filing for bankruptcy, you want to be sure that you take the right steps before filing. In fact, taking the right steps will help you avoid common mistakes and fraud. Here's what you need to know: First, What is Bankruptcy Fraud? Bankruptcy fraud can be unintentional or intentional. If you are [...]
Are you considering filing for bankruptcy? Do you receive any income from the sale of cannabis or cannabis products? Even if you receive indirect income from the sale of cannabis, there are important things you should know: This is a Developing Issue Since this is still a matter that is developing around the country, there [...]
Are you behind on your utility payments? Are you considering bankruptcy? If so, you may be wondering what will happen to your utility services after you file for bankruptcy. Here's what you need to know: Chapter 7 Bankruptcy How does Chapter 7 work? A Chapter 7 bankruptcy is the most common form of bankruptcy. You [...]
Are you considering filing for bankruptcy, but have recently been selected for a federal audit? You may be wondering if this is relevant to your case. It is. And, you will need to disclose this information to your attorney, whether the audit has been completed or is still pending. But, what if you are just [...]
It can be an extremely difficult time if you are considering filing for divorce or currently in a divorce. This is especially true if your ex is filing for bankruptcy. You may not be sure how this will affect you or your assets. So, how does a bankruptcy affect you? Bankruptcy and Divorce Sometimes, spouses [...]
Have you received a notice of overpayment from the California Employment Development Department (EDD)? If so, it is important that you do not put off dealing with the EDD. Here's what you need to know: What Does the EDD Do? The EDD has many responsibilities, which include paying out Unemployment Insurance (UI), Disability Insurance (DI) [...]
Do you receive unemployment? If so, there is some important information about unemployment income and taxes that you need to know: Unemployment & Taxes First, according to the IRS, "all unemployment compensation is taxable in the tax year it is received." When you receive your 1099-G, you will be able to see the total amount [...]
Has debt been a struggle for you? If you have been looking for ways to achieve a financial fresh start, bankruptcy is a great option. Speaking with a bankruptcy attorney is your first step to understanding what options will work best for your situation. In fact, most bankruptcy attorneys offer free consultations. So, how can [...]
The IRS deadline to file your 2021 taxes approaching on April 18, 2022. Are you ready? Are you worried about not being able to pay your tax bill in full. Here is what you need to know: File On Time Yes, you should file on time, even if you are worried about not being able [...]
