When the IRS and the California state tax agencies do particularly bone-headed things, it’s time for another tale from the tax troll trenches. Here’s one that reminded me of why the Read more »
Author: admin@faucherlaw
I Don’t Do Magic
I don’t do magic (despite owning four bunnies that I could pull out of a hat). I say this because I occasionally have a client who has heard of a legal maneuver to solve her problem, yet is too good to be true. Read more >>
Hawkins vs. FTB Changes Tax Evasion Standard
If the government can prove that you “willfully attempted in any manner” to “evade or defeat” a tax, then you cannot discharge that tax debt in bankruptcy. 11 U.S.C. 523(a)(1)(c). Read more >>
Wells Fargo: Paid ME for Their Incompetence
I took a client through a Chapter 7 bankruptcy, and got her a discharge. She and I were done, and she had no more personal debt. Then she sought a loan modification Read more >>
Wells Fargo: Freezes Accounts of People in Bankruptcy
If you have more than $5,000 in your Wells Fargo checking account when you file a bankruptcy petition, be prepared. Wells Fargo will freeze your account until the bankruptcy trustee tells them it’s okay Read more >>
Wells Fargo: Worst Bank EVER
I don’t like Wells Fargo Bank. Its abusive policies make it impossible to think well of it. I try not to do loan modifications for clients because all banks are reluctant to negotiate them. Banks are forced to do so by well-meaning statutes. Read more >>
To the IRS, Every Tax Period Stands on Its Own
I received a call recently from someone already represented by a tax attorney, but who wanted my opinion on whether there was anything his attorney could have done to avoid the following, very unfortunate situation. Read more >>
California’s Franchise Tax Board: Hard to Deal With
My clients owed the California Franchise Tax Board (FTB) $8,000 for the 2011 tax year; they filed their return late, and couldn’t pay it all at once. The FTB sent a notice that it was about to levy Read more >>
Who Really Owns Your Debt?
I deal a lot with bill collectors. Here is an eye-opening description of how their business works. Settling a debt can be . . . .unsettling. If some unknown company Read more >>
Two Good Reasons to Avoid Post-Bankruptcy Loans
A client sent me a letter he got from a car dealership touting the financing he can get even though he is currently in bankruptcy. You can find a copy of the letter here. How does a car dealer think Read more >>