Category : Pasadena

119. Bankruptcy Success Story: Walt Disney

When you hear the name Walt Disney, you probably think of the success of his theme parks and cartoons. What you may not realize is that Walt Disney also filed for bankruptcy. He started an animation company in 1920, Laugh-O-Gram Studios, to create animated cartoons. With a financial backer, the company began hiring staff. Sadly, […]

118. The Secrets Debt Negotiation Companies Don’t Want You To Know

If you have found yourself in a position where you are considering using a debt negotiation company, there are several things that you should first consider. Promises Not Kept Debt settlement companies promise to save you money on debt repayment, but they often tack on hidden fees that add up quickly. In fact, you may […]

117. My Employer Filed Bankruptcy: Is My Paycheck Protected?

Do you work for a company that has filed for bankruptcy? If so, you may be concerned about what happens next. First, you need to find out is under which chapter your company filed bankruptcy. This will influence you in different ways: Chapter 7 In a Chapter 7 Bankruptcy, the company will sell off assets […]

116. Are You Having Trouble Repaying Your Debt?

Do you have more debt than you are able to repay? If so, you may be wondering what are your options. We have worked with many people in the same situation. So, what are your best options? Option 1: Do Nothing/Ignore the Debt Is this the best option? Well, if you have no income or […]

115. Resources for Local Los Angeles Public Services

If you need assistance in the Los Angeles area, it can be overwhelming to know where to go. Our office has included a the following links to help point you in the right direction: Public Counsel If you are looking for help with legal services, you may want to look into Public Counsel’s services. They […]

114. Bankruptcy Options for Married Couples: What You Need to Know

If you and your spouse both have a lot of debt under both of your names, you may want to consider filing a joint petition. What are the Benefits? First, it can be less expensive to file a joint bankruptcy than to file two separate ones. In fact, you may save court filing fees as […]

113. Bankruptcy Success Story: Abraham Lincoln

Most people hear the word bankruptcy and assume the worst. But, what most people don’t realize that a bankruptcy can be a fresh start. In fact, did you know that President Lincoln filed for bankruptcy in 1833 before he became president? President Lincoln co-owned a general store with a friend. They purchased their store’s inventory […]

112. Do You Have an ITIN? You May Need to Renew Your Number

If you have an expiring Individual Taxpayer Identification Number (ITIN), you will want to renew your number right away. Your number could be one of 2 million that will be expiring at the end of 2019. Renewing your ITIN number can help you to avoid tax refund delays next year. As we have previously discussed, […]

111. Seniors: Beware of Reverse Mortgages!

According to a recent USA TODAY article, many seniors that took out reverse mortgages are now facing foreclosure. This is even more prominent in African American neighborhoods. So, are you in danger? First, you should know what a reverse mortgage is and how it works. So, How Does a Reverse Mortgage Work? A reverse mortgage […]

110. Common Bankruptcy Mistakes to Avoid

Coming to the decision to file for bankruptcy can be a difficult decision. No doubt you have weighed your options carefully before coming to this decision. We understand. Now, you may be wondering what you should do next and if anything should be avoided. So, here is a list of common bankruptcy mistakes to avoid: […]

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