How can you pay thousands of dollars in mortgage payments in a year, and get a tax Form 1098 for a fraction of actual mortgage interest paid? That’s what my client wanted to know. His monthly mortgage payment is $2715. The loan is currently interest only. All the payments were made. And yet, the Form 1098 […]
Strictly California
Collection Suits and Court Dates
Those in financial difficulty are frequently not operating at their peak. I know that. But for the life of me, I can't understand how the recipient of a summons and complaint from a California court can read the papers and absorb only that they have a … Read Full Article
New Law Protects Californians From Debt Buyers
Zombie debt may have met its match. California law prohibits a debt buyer from bringing suit on a claim that is barred by the statute of limitations. Civil Code § 1788.56. That's been the law since January, 2014. Up until this law was enacted, a … Read Full Article
Debt Collectors Distort Community Property Law
California community property law is complicated. I get it. It shouldn't surprise me that debt collectors don't understand community property. Or maybe, they find it inconvenient to understand. Or deliberately distort the law. Collector expands … Read Full Article
