How to File for Chapter 7 Bankruptcy

July 22, 2022

In 2021, California had the highest number of Chapter 7 Bankruptcy filings than any other state in the United States. Of the total 40,279 filings of Chapter 7 Bankruptcy, 38,542 were non-business filings and 1,737 were filed by businesses. If you have a significant amount of debt and are interested in filing for Chapter 7

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5 Ways to Prepare for Estate Planning

May 31, 2022

Estate planning is the process in which an individual or family establishes a transfer of assets in preparation for death. As we discuss in a previous blog post, there are 4 key aspects involved with estate planning: Will Living Trust Power of Attorney Advanced Healthcare Directive Establishing a legal estate plan can be a very

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What If I Don’t Have a Will?

May 1, 2022

Do you currently have a will established or someone that would be appointed manage your finances if you were to become incapacitated or died tomorrow? We know it can be difficult to both talk about and address your finances in the event of your death or incapacity, but ignoring it doesn’t make things easier on

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Keys to Financial Independence

April 27, 2022

In today’s free market society, individuals are free to spend the money they have and even the money they might have in the future. But borrowing against your future is not only dangerous, but a bad habit to get into. With all the freedoms we enjoy, those who are financially responsible are the ones that

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How the FDCPA Protects You From Debt Collectors

March 24, 2022

Usually when someone receives dozens of phone calls at all hours of the day, all by the same person who also troubles the victim’s family, friends, and neighbors, we have a word for it:  STALKER!  And legally, stalkers are criminals. Suppose the same scenario applies with just one difference: the “stalker” is a debt collector. 

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Bankruptcy Law & Policy: Good for the Few & Many

March 23, 2022

In 1542, England passed the first modern bankruptcy law (known as “Statute of Bankrupts”) during the reign of that lovable old curmudgeon, Henry VIII. The law’s purpose? Make sure no one could ever fail to pay back a loan without severe consequences. In other words, only one social purpose was served: repayment of creditors—or else.

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Valentine’s Day Is Upon Us!

February 14, 2022

Another holiday is upon us! Whether your focus is on St. Valentine or Hallmark, it all comes down to one simple choice – Get busy loving them, or get busy leaving them. With fewer people getting married and a greater percentage of those married getting divorced, still everyone from pre-school to the nursing home will

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What to Do If You See Your Shadow in the Form of an Identity Thief

February 1, 2022

Groundhog Day AGAIN?  Why, it seems like the last one was just yesterday … Of course, I’m referring to the classic Bill Murray romantic comedy “Groundhog Day.”  Bill plays a TV weatherman reporter covering the groundhog Punxsutawney Phil’s annual moment in the sun (or the shade).  The “next” day, the hapless reporter discovers that every

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Celebrating the Lunar New Year

January 31, 2022

I love celebrating Lunar New Year as a child. There is no other holiday I know of that allows a child to make a whopping $200 in a matter of hours (well… depending on how hard one works).  By “working,” I mean staking out the married relatives, then slowly moving toward them without being too obvious;

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Can My HOA Come For Debt After A Foreclosure?

January 24, 2022

Have you ever wondered about how homeowners associations processes foreclosures? A homeowners association (HOA) is a private self-governing organizations formed in communities where homeowners collectively pay fees to maintain the unit/s or neighborhood. Typically run by an elected board of directors, HOAs are often formed either for a building with multiple owner-occupancies or by a

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