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October 2018 Archives

Your recovery from bankruptcy requires time and patience

Financial problems can be some of the most daunting issues you may encounter in your life. These types of concerns become even more stressful when you have a family to care for and financial obligations to address. At Tsao-Wu & Yee, LLP, we have helped many people in California to explore their options if they have chosen to file for bankruptcy. 

Disclosure failure has woman facing bankruptcy fraud charges

For those in the San Francisco Bay area that are struggling with debt, bankruptcy protection can be an enormous benefit. It offers the chance for one to plot a course back to establishing themselves on firm financial ground by halting the collection activities that may be keeping them from doing so. In the case of a Chapter 13 bankruptcy, one is even provided with the opportunity to repay creditors over time, thus fulfilling their financial obligations. Yet the advantages offered by a personal bankruptcy must be earned to careful adherence to federal regulations. A violation of said regulations can often bring with it serious penalties. 

When should you start a construction project in San Francisco?

San Francisco may be a more physically flexible environment for construction workers to operate in compared to other parts of the nation, but you still need to carefully plan what month of the year your project should begin. Recent reports state that the City by the Bay has the second-highest construction costs in the world. With how expensive each square foot of your house or building can be, any delays can be financially detrimental to your plans.

How can I break bad financial habits now?

Bad financial habits are often hard to break for most people. In fact, many people don’t realize that they’re engaging in poor financial management until they need to file for bankruptcy or have creditors calling day and night. There are steps you can take to break bad habits now, as explained by CNBC.com.

Differing site conditions may result in construction disputes

For individuals who have a home custom-built in California, it is an exciting time. The new homeowners have the opportunity to choose the materials, colors and furnishings used in every room. In the rush to begin creating the interior design, the home site may be overlooked. The ground conditions and underlying issues can be critical to the project's timeline.

Common construction defects that you should be aware of

Construction is a highly competitive industry in California that can create a strong desire in many contracting companies to pump out projects at lightning speed. You may be aware of just how competitive it is when you feel the pressure to complete complicated projects in record time to maintain your reputation. However, compromising on design or workmanship can be extremely dangerous and ultimately tarnish your reputation if your flaw results in someone's injury or death. At Tsao-Wu & Yee LLP, we have helped many companies to understand the importance of maintaining a high level of quality. 

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