A friend in Cali has a sole proprietorship business and makes little. If he cant pay himself minimum wage what happens?
Jenny's answer
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Answered on March 02, 2023
If he cannot pay himself a fair wage, the business has failed. We don't go into business to pay other people's bills. If he has debt, he should...
Which is better a trust or a quit claim deed in individual's name?
Jenny's answer
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Answered on March 01, 2023
You need to get the liens resolved, they run with the land and transfers of the property interests could cause problems for the transferees. Go...
How and where to check for status of motion to sell in chapter 13?
Jenny's answer
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Answered on February 28, 2023
You should be asking your attorney. You can sign up to be notified of any filings in your case. I never would have recommended a sale motion...
How can I figure out if I am required to pay taxes ? I'm not sure what exactly I am in re: to the company?
Jenny's answer
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Answered on February 27, 2023
You're in business. You're selling. You must report all gross receipts. Does that mean you will owe taxes? Maybe or maybe not, depending on your...
My name in not on the deed of a house my wife bought. Will it be an issue if i decide to file for bankruptcy alone.
Jenny's answer
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Answered on February 23, 2023
I'm sorry I disagree with my colleague. This absolutely could be an issue in a bankruptcy. It's important you seek the advice of a CA Certified...
What are my options if my brother owes me 16,500 on a $30,000 loan I gave to him in July 2016?
Jenny's answer
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Answered on February 23, 2023
I agree with my colleagues, but will mention several other items:
1. The statute of limitations is 2 years on an oral contract, and 4 years on...
How do I. Remove my husband and daughter from a bank levy?
Jenny's answer
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Answered on February 22, 2023
Have you ever met with a CA State Bar Certified Bankruptcy Specialist? There’s no reason to live with debt like this. You could likely file a...
If I file for Chapter 13 bankruptcy could I become ineligible to renew my CA NMLS/Mortgage License?
Jenny's answer
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Answered on February 19, 2023
Bankruptcy is a great option. In the 2008-2015 crash, my top three clients filing bankruptcy were mortgage brokers, real estate agents/brokers,...
What are ramifications of Trustee revising accountings?
Jenny's answer
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Answered on February 16, 2023
You need to get counsel immediately. Look for qualified, reputable Trust/Probate Litigation attorneys. Do not go to someone who dabbles.
I...
My employer refused to give me a W2, and issued me a 1099 without my approval?
Jenny's answer
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Answered on February 14, 2023
You should still file your unemployment claim and you should talk to a reputable and experienced employment law attorney. Get referrals so you...
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