Are You Anxious About Debt?

At Castro Law, we understand how hard it is to even consider declaring bankruptcy. Most people do not accrue debt with the intention of not paying it back, but the unexpected often happens: loss of a job, serious illness, failure of a business. These events can sometimes create a vicious cycle of over-borrowing, “robbing Peter to pay Paul” and ultimately make paying back your debts impossible. You can only take the stress for so long- the frequent calls and letters from creditors begin to take their toll on your relationships, your work and your health! But you don’t want to ruin...

14 September

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Our Bankruptcy Attorney

Posted by Castro Law

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MEET OUR TEAM. Attorney Allan Calomino directs the Bankruptcy and Personal Injury Divisions and handles the firm's Civil Litigation matters. Allan can help with the following areas: Consultation and Financial Review, Workouts and Financial Restructures, Chapter 7 and 13 Bankruptcies, Adversary Proceedings and Bankruptcy Litigation, Credit Repair, Debt Defense, Wage Garnishments, and Levies. If you need help give Allan a call, he's here to help....

13 September

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Trusts: Are you a Trustee? Do you know your duties?

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Being a trustee is a responsibility that should not be taken lightly. Understanding the requirements and responsibilities of this role is vital. Unfortunately, requirements written in trust documents can often be confusing and complicated-even for attorneys! Having a clear understanding of the California Probate Code is important, it can be reviewed here: http://www.leginfo.ca.gov/.html/prob_table_of_contents.html Some questions every trustee must ask him or herself are: Are you distributing the trust within an appropriate time frame? Are there trust assets that need to be invested or reinvested? Do you understand the Uniform Prudent Investor Act http://www.leginfo.ca.gov/cgi-bin/displaycode?section=prob&group=16001-17000&file=16045-16054 Are there other trustees to work with? Are...

01 September

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The IRS called! They say I owe money!

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Let’s get straight to the point…it is a SCAM. The IRS will NEVER, out of the blue, make contact with you over the phone. Initial contact will ALWAYS be official correspondence via US Mail - NEVER an email, NEVER a fax. Many of our clients have told us they have been threatened with legal action, told that they owe the IRS money that must be paid immediately, or that they are entitled to big refunds. One Castro Law client received 3 messages: each more threatening than the last, and claiming that the client was being prosecuted for tax evasion. The message said...