New Opportunity for California Taxpayers Who Avoided Tax Bills

New Opportunity for California Taxpayers Who Avoided Tax Bills

In concert with the IRS’ Voluntary Disclosure Program discussed here and here, California is also keenly interested in offering some amnesty to taxpayers who “avoided tax bills” if it mean capturing further state tax revenue.  However, the program starts today and the deadline of October 31, 2011 to participate in California’s  Voluntary Compliance Initiative is quickly approaching.  The benefit of avoiding … Continue reading New Opportunity for California Taxpayers Who Avoided Tax Bills

San Francisco Court Update: Source Indicates All Commissioners and 100 Clerks to be Laid Off

San Francisco Court Update: Source Indicates All Commissioners and 100 Clerks to be Laid Off

Massive layoffs face the San Francisco Superior Court and it appears Clerks and Commissioners will be hit very hard.  I first related Ari Burack’s article on the Dire situation forecast for San Francisco Superior Court here.  I then passed on the Court’s press release on this matter here. In what is becoming an unexpected series on this … Continue reading San Francisco Court Update: Source Indicates All Commissioners and 100 Clerks to be Laid Off

Short Sales and Deficiency Judgments Under the New Rules in California

Short Sales and Deficiency Judgments Under the New Rules in California

On July 11, 2011, the governor signed a new law that prohibits second and third mortgage holders from pursuing deficiency judgments after they have agreed to a short sale.  This amends California Code of Civil Procedure Section 580e which prohibited the same practice by holders of first mortgages. Deficiency Judgments If a lender forecloses on … Continue reading Short Sales and Deficiency Judgments Under the New Rules in California

“The civil justice system in San Francisco is collapsing”

“The civil justice system in San Francisco is collapsing”

SEE UPDATE AUGUST 31, 2011 HERE SEE UPDATE JULY 26, 2011 HERE As a follow up to my recent blog regarding the crisis facing our courts, check out today’s press release confirming the impact of state budget cuts on San Francisco’s courts and employees. http://www.sfbar.org/forms/court-press/court-cuts-071811.pdf NEWS RELEASE Superior Court of California COUNTY OF SAN FRANCISCO … Continue reading “The civil justice system in San Francisco is collapsing”