I enthusiastically applaud President Biden’s proposal to increase the IRS’s budget by $1.2 billion, or more than 10 percent over this year’s budget. In fact, call me a huge cheerleader for this proposal. Read more »
June 24, 2021
In the News
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. Read more >>
April 1, 2021
US Business Starting to See Coronavirus Bankruptcy Surge
According to the New York Times, corporate America is starting to see Covid-19 related bankruptcies on the increase. At Faucher Law, P.C., we still haven’t seen this increase. Note that the New York Times doesn’t give statistics, and it’s only talking about major corporate bankruptcies: chapter 11, not chapter 7. Read more »
June 18, 2021
Hiring a Low-Cost Bankruptcy Attorney Can Be a Big and Costly Mistake
There are lots of bankruptcy attorneys out there. Many of them are downright cheap, charging less than $1,000. I routinely charge three to four times more. How could hiring an “expensive” attorney ever make sense? Remember that old saying: “you get what you pay for?” It’s true. Read more »
April 16, 2020
Bankruptcy Triggered by Medical Bills
In the past year, there’s been lots of talk– especially by politicians — about millions of personal bankruptcies being triggered by massive medical bills. While this may be true, I’m here to report that I have not had a bankruptcy client whose medical debt topped $100,000. Read more »
April 3, 2020
Huge Foreclosure in Los Angeles
Being ultra-rich doesn’t insulate you from the bottom-feeding world of foreclosure and bankruptcy. Just ask Suzan Hughes, the widow of Herbalife’s founder, Mark Hughes. Read more >>
August 23, 2019
Wells Fargo: Worst Bank Ever? Part IV…
I’m cheered to see that others out there share my opinion of Wells Fargo Bank. For my prior screeds against this bank, see here, here, and here. My rants against Wells Fargo may soon Read more >>
July 14, 2015
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 >>
September 26, 2014
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. Read more >>
September 9, 2014
Payday Lenders: Predators
Here is a very amusing and outraged report on “payday lenders” from John Oliver, the British reporter who apprenticed with Jon Stewart and Steven Colbert. He’s accurate in presenting the problem Read more >>
August 29, 2014