Timing matters in bankruptcy. For example, if you have seasonal fluctuations in income (like teachers and realtors), then at some times of year your income may be too high to qualify Read more »
Author: John Faucher
How Inheritance Impacts Bankruptcy
It’s horrible to have a loved one die. But sometimes the death comes with a silver lining in the form of an inheritance. However, for someone with lots of debt Read more »
Considering Bankruptcy? Tip 4 – Good for Tax Debt But Not Student Loan Debt
Bankruptcy Will Allow You to Get Rid of Most State & Federal Income Tax Debt In fact, this why I practice tax and bankruptcy law – because bankruptcy can be Read more »
Considering Bankruptcy? Tip 3 – Stop Worrying About Credit Score Hit
One of the biggest concerns people have about bankruptcy is triggering a negative hit to their credit score. The anxiety that their credit score will go down even stops some Read more »
IRS Processing Times Still Covid-Slow
It’s late April. More than 13 months into the pandemic. Almost 40% of Americans have received at least one Covid vaccine. So, you’d think IRS processing times – which slowed Read more »
Considering Bankruptcy? Tip 2 – Don’t Worry About Losing Everything
Many people are concerned that filing for personal bankruptcy means losing everything they own. After all, in a chapter 7 bankruptcy, everything you own and owe is legally transferred to Read more »
Tales From the Tax Troll Trenches: IRS Says Don’t Use US Mail
As readers of my Newsletter and Blog know, dealing with the IRS daily means I uncover unreasonable policies and bizarre agents at the IRS on a regular basis (and don’t Read more »
Installment Agreement for Tax Debt: Much Harder To Set Up with California’s FTB than the IRS
My website outlines the many ways in which the California tax agencies (Franchise Tax Board, CA Department of Tax & Fee Administration, Employment Development Division) are FAR harder to deal with, and aggressive Read more »
Considering Bankruptcy? Tip 1 – Speak To Someone Sooner Rather Than Later
Readers of my Newsletter already know that, since Covid began, I have seen a steep decline in bankruptcy clients . Seems counterintuitive, no? After all, many prominent retailers and large corporations have already filed Chapter Read more »
Faucher Family Farms – Where Hens Are Workers
This Washington Post article, about a doctor’s flock of backyard chickens, prompts today’s update on my hens. Regular readers of my Newsletter know I’ve been raising chickens for almost 5 years – Read more »