Is my house at risk if I have no income due to coronavirus? With economic activity at a dead halt due to COVID-19, California homeowners worry about next month’s mortgage payment. And the month after that, for as far as the pandemic can see. While it’s early days, and I fully expect broad governmental measures […]
Strictly California
Means Test Means Little In Bay Area With New Census Numbers
The latest numbers used in means test for the San Francisco Bay Area after April 1, 2020 are out. They reinforce my contention that the means test is meaningless for most in Northern California. Bankruptcy's means test was sold to Congress in 2005 as a way … Read Full Article
California Income Tax Deadlines Extended
California's Franchise Tax Board postponed until July 15, 2020, the filing and tax payment deadlines for all individuals and business entities . This special tax relief due to the COVID-19 pandemic for all California taxpayers was announced on March 18, … Read Full Article
California Statute of Limitations Gets Teeth
California law on debt collection finally has teeth. Recent changes to California law say that a debt collector must allege that the statute of limitations has not run when it files a lawsuit. No more suing on long-dead debt and winning unless the … Read Full Article
