Bankruptcy for high income earners is tricky. A Los Angeles Bankruptcy specialist shares his advice and tips for high income earners who need Chapter 7 relief.
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Encino Bankruptcy Clinic Since 1989 – Open Saturdays
Free Parking On Saturday! Bayer, Wishman & Leotta, Attorneys at Law Specializing in Bankruptcy Established 1989 – Call 800-477-3111 Jeff Wishman, Leon Bayer, Marcus Tiggs Free Encino Bankruptcy Clinic Visit on Saturdays! By Leon Bayer -October 17, 2017 The Encino bankruptcy clinic and attorney office of Bayer, Wishman & Leotta is located in the First Citizen Bank building, […]
The post Encino Bankruptcy
Annual 1099-C Don’t Freak Out Reminder!
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 the thoughts that are running through your head:
A 1099-C is issued when a creditor cancels
Survival for Small Businesses in the Age of Covid and Rising Minimum Wages
By: Jeffrey Wishman, Attorney at Law The incoming Biden administration has announced that it wants the Federal minimum wage to be increased by to $15.00 per hour. Covid restrictions are still in place, which already hurts small businesses. We predict that raising the minimum wage may be the final straw that will kill off many […]
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A Lesson in Internet Headlines
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 the sky was falling.
How can both of these headlines be true? Because the reporters cherry-picked statistics to make the
How to pay your bankruptcy lawyer – 5 Hacks
We’ll show you how to pay your bankruptcy lawyer. We are lawyers who specialize in bankruptcy. So, we All of our clients are broke. That’s why they come to us. Yet, we need to get paid. Otherwise we can’t be here to help you. Your lawyer should always be straight with you about everything. That […]
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When Should I Consult an Attorney about my Debts?
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). This includes credit cards, consumer loans, secured loans on personal property (electronics, furniture, jewelry, etc.), car loans, mortgages, and student
Buying or Starting a Business.
Will your new business sink or swim? New businesses have a horrible death rate. There are certain start up mistakes when you buy or open a business than can be fatal to success.
The post Buying or Starting a Business. appeared first on My Bankruptcy Lawyer.
Small Business Mistakes by Startups
There are many challenges caused by avoidable small business mistakes. Your life savings is at stake. You must know what you are getting into. Among the very worst small business mistakes made when you buy or open a business are under capitalization, inexperience, and paying too much for an existing business. First, there is inadequate […]
The post Small Business
The Truth About Bankruptcy (from someone who knows)
The Truth About Bankruptcy is not what most TV commentators will tell you. Their goal is to sell you books. When is the last time a book solved any problem for you? So here it is, the real truth about bankruptcy. The real truth about bankruptcy is that it is pretty darn easy to qualify. […]
The post The Truth