This post pertains mostly to car mechanics, but should be considered by anyone with a significant amount of valuable tools. Lets say you’re a typical auto mechanic. You’ve spend a good about of money buying tools during your business including … Continue reading
Read More »New President, Now What?
I’ve been pondering what a trump administration will mean for the bankruptcy practice. I’ve come to the conclusion that I really can’t tell. There doesn’t seem to be any talk about modifications to the Bankruptcy Code so I don’t expect … Continue reading
Read More »Wells Fargo CEO Stumpf Out
We don’t have Wells Fargo Bank in Hawaii, but we do get Wells Fargo Auto loans here. Wells Fargo CEO fired because of outrage regarding authorized accounts (and fees) being opened for customers. All throughout his Senate hearings, he denied … Continue reading
Read More »When is a Student Loan Not a Student Loan
As you probably already know, student loans aren’t dischargable in bankruptcy absent a separate discharge proceeding for the student loan. But like everything else, what make a debt a student loan is all in the details. First off, Federal student … Continue reading
Read More »Hilo Saturday June 11, 2016
I will be in Hilo this Saturday to meet clients. If you’d like to talk to me, call or email the office for an appointment. Appointments are done at the Starbucks on Kilauea Av.
Read More »New Student Loan Administrative Forgiveness Rules
It is possible to get student loans discharged in bankruptcy, but the standards are quite high and expensive to litigate. The Obama administration has introduced new rules to help some people get their Federal student loans forgiven administratively. Federal Student … Continue reading
Read More »New Supreme Court Justice Nominated
President Obama has nominated Merrick Garland to be the new Supreme Court justice. From what I can tell, he is a very middle of the road type judge, noting for liberals to get excited over. So now the question becomes, … Continue reading
Read More »1099-C
It’s tax season so everyone should be getting their w2 and 1099 forms in the mail. Some of you may also get a 1099-C for a cancelled debt. Before treating it as taxable income on your taxes, take a look … Continue reading
Read More »2014 Bankruptcy Predictions
Here we are in 2014, so I will give you my predictions for bankruptcy matters in Hawaii. First off, total bankruptcy filings for 2013 was 2071 cases, down 18% since last year. I account the drop in filings to the … Continue reading
Read More »Hilo January 8, Start Your New Years Off Right
I will be in Hilo on Wednesday, January 8th in the afternoon to see new and existing clients. Time to get ready for the big tax refund rush. I meet clients at the Starbucks on Kilauea Av.
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