March 2010
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Federal Court Order Distinguishing Fraudulent Transfers From Common Law Fraud

People often confuse a fraudulent transfer in asset protection or bankruptcy law with the crime of fraud or common law civil fraud. [...]

Best And Worst Cities For Unemployment Pay

The jobless can get by on government assistance much easier in some cities than in [...]

Surviving Inflation

Some risks you should embrace, like stock market volatility. [...]

Secret Treasury Agency Wants to RETROACTIVELY Expand Offshore Reporting Requirements [Part II]

In my last blog entry I described how a virtually unknown Treasury agency, the Financial Crimes Enforcement Network, has issued proposed regulations that would change the offshore investment reporting requirements for U.S. taxpayers.  The rules are slated to become effective well before the June 30, 2010 filing deadline for Treasury Form TD F 90-22.1, the “foreign bank account reporting” form, or FBAR.  That means they would apply retroactively to 2009. [...]

Farrah Fawcett and Bea Arthur left out of Oscars memorial film higlights of stars who’ve died

When the Oscars’ somber In Memoriam highlight reel was finished, fans of Farrah Fawcett and Bea Arthur were left saying, [...]

Hiring Protection From The IRS

If you want a licensed and regulated tax pro, consider hiring an EA–someone who might even be an ex-IRS [...]

Secret Treasury Agency Wants to RETROACTIVELY Expand Offshore Reporting Requirements [Part I]

Last week, the U.S. Treasury finally clarified exactly what it expects U.S. taxpayers to disclose about their offshore holdings.  And—no surprise here—they want to know lots more about what you own offshore.  Beginning last year , in 2009.  And, if you fail to comply, you could face a $10,000 fine and even prison. [...]

Orlando Bankruptcy Court May Empower Chapter 13 Debtors To Force Mediation With Their Mortgage Lenders: This Rule Could Avoid Many Foreclosures And…

The Orlando bankruptcy court is preparing to adopt a rule providing for mandatory mediation between homeowners and their mortgage companies to facilitate mortgage modification. [...]

How Elvis Presley Got an "Ultra-Secure" Passport

Elvis died in 1977.  But that didn’t prevent hackers from inserting his digital photo into a U.K. [...]

Attorney Uses Experience As Government’s Lending Enforcer To Effectively Defend Bank Collection Lawsuits

Mortgage foreclosure defense has become a good business for attorneys. Many real estate attorneys who made money on real estate closing and putting together large real estate investment deals have found that most of their business in the past few years has come from clients wanting to defend against bank foreclosures and suits on personal guarantees of commercial [...]