I had a client come in the other day who filed Chapter 7 two years ago. He stopped paying his mortgage when he filed. The bank still sends monthly statements which now indicate that he is roughly $30,000.00 in arrears. His house is still worth much less than what he owes on it. For whatever […]
Bankruptcy Is Powerful And Final Read More »
A Questioner On A Legal Website (Lawqa.Com) Asked: Question: Will my immigration joint sponsor be affected if I file for bankruptcy? Question Detail: I am a green card holder since February 2011 through marriage. My wife couldn’t demonstrate to immigration the ability to support me on the 125% due to her financial status. Therefore I
What Are The Immigration Consequences Of Filing Bankruptcy? (Short Answer – None). Read More »
Q: When may a married person file taxes as Head of Household? A: When they are “considered unmarried”: The IRS says that: “You are considered unmarried on the last day of the tax year if you meet all the following tests. You file a separate return (defined earlier under Joint Return After Separate Returns ). You paid more
Sometimes Married People Can File Taxes As Head Of Household Read More »
Unsurprisingly identity thieves are targeting tax refunds. The best way to avoid having your refund stolen by an identity thief is to file your taxes early. Since the IRS is not accepting tax returns until January 31 this year, the thing to do is see a licensed tax preparer, such as myself, on or before
File Early to Avoid Tax Refund Identity Theft. Read More »
I am looking at the 2012 and 2011 tax forms of a Bankruptcy client of mine. Her tax form included a 1040A, Schedule EIC, Schedule 8812, Form 8867, a Mass form 1 and schedule HC. In other words, an individual form with children, including an earned income credit and a child tax credit. There was
Tax Fee Comparisons – Haskell and Gorman Read More »
One issue that comes up fairly often is how do you refinance a mortgage after bankruptcy when you have not reaffirmed the mortgage? This is a particularly big issue for my clients, because the local bankruptcy Judges will not allow a reaffirmation as it is of no benefit to the Debtor, only to the bank.
Refinance After Chapter 7 – A Shared Blog Read More »
I am comfortable offering discounts against other tax preparers, because, as so many of my previous FaceBook posts show, I am already charging less, usually a lot less, than they are. My earlier flyer (also posted on FaceBook)offers to discount my fee for new tax clients, but this one is offering to go below the
Discount On Tax Preparation Fees For New Tax Clients Read More »
The other day, my wife was reviewing a file that transferred in from another lawyer two (2) years after the accident. I know the other lawyer because he was the bank’s lawyer on a real estate deal that I did. My wife could not remember him, although she met him too. When I explained about
With Lawyers – One Size Does Not Fit All Read More »
I read this article today on the Massachusetts Lawyers Weekly. Unfortunately, it was passwod protected. However, the article is also available on The Daily Record’s Website: NYDailyRecord. The article is about mistakes lawyers make when preparing, or more to the point not preparing, clients for depositions, trial and other testimony. I found the article extraordinarily insightful,
From The Daily Record – Commentary: 7 Big Mistakes Lawyers Make Read More »
When I was a young lawyer, I worked for a firm that had four (4) lawyers and eight (8) offices. Needless to say, seven (7) of those offices were simply rooms with a desk in them, or “Satellite” offices. In those days, the firm charged about $850.00 for a Chapter 7 bankruptcy, including all fees
Bankruptcy Fees And The Internet – If It Seems Too Good To Be True, It Usually Is Read More »
