A sole proprietorship is a business owned by one person or a married couple that has not been formally set up as a corporation or Limited Liability Company (LLC). If you created a business but did not
Many people considering Chapter 7 bankruptcy express concerns about what will happen to their car if it has an outstanding loan. Some people want to keep their car. In a Chapter 7 bankruptcy, there are three options
A clean financial slate means after your bankruptcy discharge, you can rebuild your credit and increase your credit score.The few who have been able to maintain their monthly payments and keep their credit score high will see
Consumer debt in this country has soared to $13.86 trillion, according to the New York Federal Reserve, an all-time high. If you’re having a hard time servicing your debt, you’re not the only one. Many people would
Student loan over-indebtedness has adverse consequences equally as devastating as the financial challenges caused by the COVID 19 pandemic. “High levels of post-secondary education debt correlates with lower earnings, lower rates of homeownership, fewer automobile purchases, higher
I get a lot of calls from people asking me if a California Transfer on Death Deed (TODD) is a good substitute for a Revocable Trust. Unfortunately, the answer is no because there are too many problems
Recently, our firm settled a case for a client where the client received his entire inheritance as part of the settlement. Our client came to us and said that his mom had passed away 6 months prior.
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