by admin | Jun 27, 2013 | Miscellaneous
The Law Office of Gregory A. Ross, PC will be closed the week of July 1 – 5 to celebrate the July 4th holiday. We will return July 8th. Happy Independence Day!
by admin | Jun 18, 2013 | Bankruptcy, Debt Collection, Financial Planning, Real Estate
If you have back taxes or even an Internal Revenue Service lien, you are not barred from filing for bankruptcy. In fact, parts of the U.S. Bankruptcy code deal specifically with taxes. If you hold an IRS lien, however, there’s a good chance the lien will still be...
by admin | May 2, 2013 | Bankruptcy, Debt Collection, Financial Planning
Short-term “payday” loans, and similar “deposit advance” loans offered by major banks, are trapping many consumers in a “revolving door of debt,” according to a study due to be made public Wednesday by the Consumer Financial...
by admin | May 2, 2013 | Bankruptcy, Debt Collection, Financial Planning
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 instituted a credit counseling requirement for debtors filing for bankruptcy protection. Credit counseling agencies sprang up quickly on the heels of this law to provide a service that was suddenly in...
by admin | Aug 22, 2012 | Estate Planning, Family Law, Financial Planning, Power of Attorney, Wills
Back to School is an exciting time for those parents who have children about to go to college for the first time (or returning to college). •But did you know that once your child turns 18, your rights as a parent end? •Did you know you do not have the right to look at...
by admin | Aug 21, 2012 | Estate Planning, Financial Planning, Power of Attorney, Probate, Wills
The quick answer is no. A person that holds a Power of Attorney from you cannot change your Will for you. A Power of Attorney gives the person you choose the power to make financial, medical and legal decisions for you if you become incapacitated. However, your Power...
by admin | Jan 10, 2012 | Estate Planning, Financial Planning, Probate, Wills
If you have a Will, be sure to keep it updated when there are important changes in your life. Your Will should not be stored away and forgotten. Take it out and review it at least annually to be sure that it still works properly, especially if things have changed in...
by admin | Jul 29, 2011 | Bankruptcy, Debt Collection, Legal Judgements
Lately, I am seeing more people come in for a bankruptcy consultation that have been sued by one of their credit card companies. Usually, it is for smaller amounts, less than $5,000. Nothing sends more panic through a person to have the process server show up at the...
by admin | Jun 1, 2011 | Estate Planning, Family Law, Financial Planning, Probate
The Estate Tax is a tax on your right to transfer property at your death. It consists of an accounting of everything you own or have certain interests in at the date of death. The fair market value of these items is used, not necessarily what you paid for them or what...
by admin | May 10, 2011 | Miscellaneous
It was on this day in 1893 that the Supreme Court ruled that the tomato was a vegetable, not a fruit. Their ruling was in light of a 10-year-old piece of legislation called the Tariff Act of 1883, which ruled that a 10 percent tax had to be paid on all imported...
