Author Archives: John

Bankruptcy: Now or Later?

Last Friday the government released positive employment numbers.  Even with the government shutdown, the U.S. economy managed to create approximately 220,000 new jobs.  This is clearly very good news.  Perhaps you are now getting back to work.  If you have been looking for work for awhile, you may have recently incurred a significant debt burden. Continue Reading

The Automatic Stay – How Bankruptcy Stops Your Creditors

When you file bankruptcy, no matter whether it’s a Chapter 7 or a Chapter 13, the law requires your creditors to stop all proceedings and actions against you.  This part of the bankruptcy law is called the Automatic Stay.  Once you have filed your bankruptcy, but not before, your creditors must stop all phone calls,Continue Reading

Veteran’s Day

Thank you to all who serve our country and who have served in the past.

Income Tax Planning

With the new estate tax exemption limits at $5.25 million, planning for income taxes has become as important as estate planning for higher income earners.  In the past, an advisor may recommend parents give money to a younger generation.  While this is still a good and valuable strategy, a new strategy has emerged.  Parents moreContinue Reading

Happy Halloween!

May everyone have a wonderful and safe Halloween!