When financial trouble rears its head, keeping the house becomes a number one priority. Whether the pinch is caused by loss of income, a loan that resets, or business slow down, you can find making the mortgage payments a challenge. Not to mention sorting out escrow screwups and changes of servicers. So, we’re rounding up […]
Strictly California
Marital Separation Doesn’t Require Two Homes
Split the sheets in California, and your wages are no longer community property. That's because property acquired during marriage but after a marital separation isn't community property. That's been California law for a long while. The sticky wicket … Read Full Article
Wage Garnishment Survival Guide
"Your wages have been garnished, " reads the letter from your employer. Do nothing and twenty-five percent of your after-tax earnings will be sent to your judgment creditor. So, do something: keep reading this action guide for Californians subject to a … Read Full Article
Title Isn’t Everything: Watch Out For The Assets In Your Spouse’s Name
But it belongs to my spouse, sputtered the hapless debtor at the bankruptcy hearing. Not so, says the bankruptcy trustee. It was purchased during marriage, wasn't it? And so, the trouble begins for those who don't understand community property. Turns … Read Full Article
