News

Bankruptcies are on the Rise Do Not Violate the Automatic Stay or Discharge Injunction

Bankruptcies are on the Rise Do Not Violate the Automatic Stay or Discharge Injunction The American Bankruptcy Institute issued a report on October 29th that indicated that as stimulus checks and other forms of temporary relief run out, experts are projecting an increase in personal bankruptcy filings, which have so...

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Have Your Employees Completed the Sexual Harassment Prevention Training? – Deadline is January 1, 2021

Have Your Employees Completed the Sexual Harassment Prevention Training? – Deadline is January 1, 2021  California law now requires all employers with 5 or more employees to provide a 1-hour sexual harassment and abusive conduct prevention training to nonsupervisory employees and 2 hours of training to supervisors and managers.  All...

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Newly Increased California Homestead Exemption Law Protects the Equity in a Home

Newly Increased California Homestead Exemption Law Protects the Equity in a Home What is a Homestead?  California allows homeowners the ability to declare property their “homestead” if it is their primary residence.  This declaration establishes that a certain amount of equity you have accrued in your home is considered off-limits...

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California Residential Foreclosure – Changes to Process and Timing

CALIFORNIA RESIDENTIAL FORECLOSURES  CHANGES TO PROCESS AND TIMING On September 28th, Governor Newsom signed into law Senate Bill 1079[1], which alters the process for how foreclosed homes are sold at trustee’s auction, requiring notice and preferred opportunities to tenants, local governments, and nonprofit/low income housing entities to buy foreclosed homes...

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CALIFORNIA REQUIRES REPORTING OF PAY DATA BY 3/31/2021

CALIFORNIA REQUIRES REPORTING OF PAY DATA BY 3/31/2021 California has been trying to strengthen California’s equal pay laws.  The California legislature declared that despite significant progress made in California in recent years to strengthen California’s equal pay laws, the gender pay gap persists, resulting in billions of dollars in lost...

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Everyone Should Have A Will and Estate Plan

Everyone Should Have A Will and Estate Plan There are four personal estate documents that every business owner should have:  a will, a trust, a power of attorney, and a medical power of attorney/healthcare directive.  While there are more sophisticated documents that those with lots of assets or hordes of...

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Have You Completed the 2020 Census? Deadline Is September 30!

  Have You Completed the 2020 Census? Deadline Is September 30! The census collects information on how many people live in the United States. It happens just once every 10 years and only takes 10 minutes to complete, but its data has a vital, long-lasting impact on all communities. Here’s what it does for...

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Securities and Exchange Commission Expands Definition of Accredited Investor

  Securities and Exchange Commission Expands Definition of Accredited Investor             The Securities and Exchange Commission (SEC) recently updated and expanded the definition of an ‘accredited investor.’  The old definition used a bright-line test based on net worth and income to determine whether an individual qualified as an accredited investor...

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