Podcasts about bankruptcy trustee

Contrary to what you may believe, life doesn't end after Bankruptcy. You will be cleared of your unsecured debts and can start to rebuild your credit and regain financial stability. Once you receive your discharge, you have the opportunity for a fresh start. Filing Bankruptcy may be the best viable option to help you overcome insurmountable financial challenges and take back control of your financial future. Licensed Insolvency Trustee, Leigh Taylor, discusses what life will be like after Bankruptcy. Other topics covered are:The stigma of Bankruptcy Seeing Bankruptcy as a solution not a problemTwo mandatory counselling sessions to develop a contingency plan The credit rebuilding processLife after Bankruptcy success storiesFederally regulated, Licensed Insolvency Trustees are knowledgeable in all aspects of debt management. They can walk you through the Bankruptcy process and help you determine if this might be the best solution for your individual financial situation. About Leigh TaylorLeigh began his career as an Official Receiver with the Office of the Superintendent of Bankruptcy. He is a Certified Professional Accountant and attained his license as a  Licensed Insolvency Trustee in 1980. LCTaylor's mission is to help people get out of debt through compassionate care and professional service. With over 40 years experience in the insolvency field, Leigh and his staff have helped over 50,000 Manitobans solve their debt problems.  Additional Resources LCTaylor Licensed Insolvency TrusteeRebuilding Your Credit After BankruptcyWhat to Do After You Claim Bankruptcy in Winnipeg

A man in Wisconsin was sentenced Thursday for lying to the U.S. Bankruptcy Trustee about his replica of the General Lee, the 1969 Dodge Charger made famous in "The Dukes of Hazzard".See omnystudio.com/listener for privacy information.

Brian Behr is the Bankruptcy Administrator for the Eastern District of North Carolina.  The Bankruptcy Administrator's Office and the Bankruptcy Trustee's Office are similar across the country. They serve as the watchdog for the Bankruptcy Court. Very often the Bankruptcy Administrator seeks or refers fraud examiners to assist in bankruptcy proceedings.https://www.uscourts.gov/services-forms/bankruptcy/trustees-and-administratorsIn this episode, we discuss:The role of the Bankruptcy AdministratorThe biggest misconception of bankruptcyWhen the bankruptcy court uses fraud examinersHow to market professional services to bankruptcy lawyersSupport the show

There is a great deal to the colossal mess of the bankruptcy of FTX, the almost absurdly mismanaged "crypto exchange" run by Sam Bankman-Fried and, well, apparently no one else. @Messy Times is honored to host Fred Grede who aside from being a fellow University of Chicago alumnus is a very experienced exchange executive and the former bankruptcy trustee who for a decade worked out the Sentinel Management Group collapse starting in 2007, which featured significant financial fraud. Join us as we touch on a number of the crucial factors which will impact how this whole investigation and bankruptcy process plays out. Legal jurisdiction - Bahamas v. United States - will likely arise very quickly. Status of creditors, status of customers, the role of equity investors, how Sam's $40 million donations to Democrats in the midterms will impact proceedings are just the tip of the massive mountain of his screw up. There are to be determined complexities around whether any of the groups owned money will form up as a class or whether some larger players will decide to assert claims on their own. All of this and more will be bearing down on Sam and his cohorts living - for now - in the Bahamas. After getting a fresh dose of #Enlightentainment from two non-conflicted observers, might we suggest as a palate cleanser that you check out CoinGeek's Bitcoin 101 free course offering? It is more important than ever that you get a clear handle on this whole Bitcoin Thing: https://tpow.app/ebc70fcc --- Send in a voice message: https://anchor.fm/messytimes/message Support this podcast: https://anchor.fm/messytimes/support

If someone owes you money and files bankruptcy, how do you get paid? What is the role of the bankruptcy trustee? How does the bankruptcy trustee value assets? This week's episode is great question by one of our listeners, and former guests Mechiel Kopaska, who sent us a question about how the bankruptcy trustee pays out creditors in a bankruptcy case. You can hear Mechiel's episode here: https://yesnerlawpodcast.libsyn.com/stuck-in-a-job-episode-263 You can find her podcast here: Episodes - Mechiel Kopaska George and I also talk about how to keep down the cost and expense of a move (something George recently experienced), and George's Money & Kids Seminar. We would love more listener feedback! Are there any questions we can answer on the show? What more can we provide to you to add value - a summit, a course, a webinar?  Please also visit our sponsors: Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com. Mark Purvis to help retirees who are looking for a fun and rewarding project  by capturing wisdom and stories that will bless their families today and for generations to come. www.LegacySpotlight.com.  Let me know if you enjoy this episode and, if so, please share it with your friends that might gain value out of listening! To contact George Curbelo, you can email him at GCFinancialCoach21@gmail.com. To contact Shawn Yesner, you can email him at Shawn@Yesnerlaw.com / www.YesnerLaw.com.

Speakers:Annette DeBois graduated from the UNM School of Law in 1982, and immediately joined a small private firm, Paskind Lynch and Dow, where she stayed for 18 years.  She then became the staff attorney for the Chapter 13 Bankruptcy Trustee and worked in the federal system for 11 years.  Her last five years of practice were as an Administrative Hearing Officer for the NM Taxation and Revenue Department.  After retiring in 2013, Annette discovered the joys of free time, and takes advantage of that by travelling, volunteer work, and enjoying the beautiful NM outdoorsJocelyn M. Torres, Attorney at Law: Jocelyn is from New Mexico and has been a licensed attorney, litigator, and mediator in this state for forty years. She is also a proficient writer and has conducted extensive legal and mediation training for the ABA, State Bar, and several other organizations. Jocelyn obtained her BA cum laude in Psychology, MA with distinction in Public Administration/Energy Management and Juris Doctorate Degrees from UNM. Jocelyn cofounded the NM Children's Court Mediation Team in March 2000. She authored/sponsored the NM Safe Haven Act of 2001 and coauthored/cosponsored the NM Mediation Procedures Act of 2007. She retired as a Children's Court Attorney in June 2017. Jocelyn has chaired the State Bar's ADR Committee, is chair-elect of the Senior Lawyers Division, and is on the board of the Public Law Section and is a member of the Well-Being Committee. Since retirement, she has also worked with the state Judiciary, Legislature, and the City of Albuquerque.Peter Chestnut, Attorney and Counselor at Law: Peter moved to New Mexico after college and became a licensed lawyer over forty-five years ago.  Beginning as a sole practitioner, his practice emphasized Indian Affairs and Water Rights. He served as legal counsel for some Pueblo governments and organizations for decades. He sees lawyers as working to help weave the fabric of society.  His practice accomplishments include work to re-acquire of some Pueblo ancestral lands, negotiate tribal-state gaming compacts, establish laws, negotiate a Pueblo water rights settlement with multiple governments and many other parties, and support Pueblo oversight of federal nuclear waste disposal and monitoring at Los Alamos. His firm has included numerous Pueblo member lawyers for many years, part of his interest in expanding understanding and respect for Pueblo perspective in our larger society. Peter served on both the State Bar Indian Law Section and Senior Lawyers Division boards, and as past Chair.He received the 2021 Attorney Achievement Award from the Indian Law Section. Peter has made numerous CLE presentations on Indian Law and Pueblo water rights, most recently at a regional panel discussing a Pueblo water rights settlement approved by Congress. He earned his B.A. cum laude from Harvard College, and his Juris Doctorate from UNM School of Law.Thank you for listening! This episode was produced by the State Bar of New Mexico's Well-Being Committee and the New Mexico Judges and Lawyers Assistance Program. All editing and sound mixing was done by BlueSky eLearn. Intro music is by Gil Flores. The views of the presenters are that of their own and are not endorsed by the State Bar of New Mexico. The content is not intended to be a substitute for professional medical advice, diagnosis, or treatment or legal advice. Always seek the advice of your physician or other qualified health provider with any questions you may have regarding a medical condition.

Licensed Insolvency Trustees (LIT) are licensed through the federal government. Many are accountants by trade and have specialized in debt management. They have completed an extensive program of training and examination. Jillian Taylor-Mancusi watched her father, Leigh Taylor, work as a Licensed Insolvency Trustee as she grew up. She saw how he helped people manage their debt and how it changed their lives. Jillian realized that she too wanted to be able to do the same. She received her Licensed Insolvency Trustee designation in 2007.In this podcast, Jillian describes what her job entails. She also talks about:What a Licensed Insolvency Trustee is and what they doWhat kind of experience and qualifications are requiredWhat happens in an initial consultation with a TrusteeWhat kind of people become clientsWhat makes this job a worthwhile professionLicensed Insolvency Trustee are federally regulated and are the only debt professionals with access to all debt relief options. They can help you take control of your debt.About Jillian Taylor-MancusiJillian is a Licensed Insolvency Trustee in Manitoba and Northern Ontario. She has been working in the insolvency field since 1992. A member of the Canadian Association of Insolvency and Restructuring Professionals (CAIRP), Jillian also serves as chair for Dressage Winnipeg.Additional Resources LCTaylor Licensed Insolvency TrusteeA Local Licensed Insolvency TrusteeMeet the LCTaylor Team of Local Manitoba Debt Help Experts

Very happy to have rescued a baby bobcat last night in Clermont. Even happier that we may be able to rescue a tiny mate for him from a wildlife center in Venice that isn't equipped for bobcat rehab.   Especially happy that USFWS is looking into Joe “Exotic” right after the state just hit him with subpoenas for tax evasion.  See Howard's response to their questions about Joe:   It is easier to lay out the history and include answers in it.   • In 2010 Joe renamed his traveling cub petting show Big Cat Rescue Entertainment and was using our photos and videos. • January 2011 BCR filed suit against Joe personally and GW Exotic for trademark and copyright infringment • Joe countersued alleging slander and libel. BCR filed for summary judgment to have those claims thrown out. • January 2013 the judge ruled in favor of BCR on summary judgment to throw out counterclaims • 1/11/13 Joe agreed to a consent judgment rather than go to trial.  Judgment is for a little over $1mm both personal against Joe and against GW Exotic, the original zoo.. • 2/19/13 Joe had three staff form a new entity, The Garold Wayne Interactive Zoological Foundation. - Directors were John Finlay, Gary Douglas and Tracie Myron-Schultz • 3/29/13 Joe filed personal bankruptcy and GW Zoo filed for bankruptcy. • 8/5/13 the US Trustee made Joe sign an agreement that his debts were not discharged by his personal bankruptcy, presumable because he lied in the filing. • 12/11/13 the judge granted BCR motion to dismiss the GW Zoo bankruptcy filed 11/21/13 • Joe had transferred the zoo land from his name to his mother days after we filed our suit. The Bankruptcy Trustee in his personal bankruptcy sued his mother who confessed to it being a fraudulent transfer and had to buy it back at the appraised value. • 4/15/14 BCR sued Garold Wayne zoo arguing on various legal bases that it was formed to evade the judgment and basically was the same as the old zoo. The answer to the question why was the zoo name changed, directors changed, and Joe's role change on paper to be a consultant, was to avoid the BCR judgment. • 9/3/15 Joe marries Travis Maldonado and took his name.  He had previously in 2014 held a ceremony where he married both Travis and John Finlay but it was not legally sanctioned.  He then had a falling out with Finlay and accused Finlay of assault. When gay marriage became legal he formally married Travis. Best guess on why he took Maldonado name is that the Schreibvogel name was so tarnished he thought he could escape some of the reputation.  • 2/1/16, again right before trial, Joe entered into a consent agreement admitting the fraudulent transfer of assets from GW Exotic to Garold Wayne and the agreement included an injunction against transferring asset. • Then Joe basically did an instant replay of what he did after the prior judgment.   • 2/5/16 Garold Wayne zoo board supposedly voted to dissolve the corporation. Jeff Lowe set up a number of new entities. The one that purports to run the zoo now is Greater Wynnewood Exotic Animal Park, LLC formed 2/8/16. Joe continues to operate as an alleged consultant but appears to have continued to run the zoo throughout the name changes, entity changes, and director changes. According to a suit filed against all the zoo entities and a number of individuals Monday Jeff Lowe is President. Have no info on the directors. • There are also Greater Wynnewood Development Group, LLC. Ten acres next to the zoo was purchased in the name of former director Tracie Miron-Schultz and this Development entity purports to be developing an outdoor movie theater and big cat display on that property. There is also a for profit entity Big Cat Institute formed 2/13/16 whose purpose is unknown.   Immediately after the 2013 consent judgment Joe announced on line that BCR could use the judgment as toilet paper and BCR would never collect.   Bottom line, in the opinion of BCR, and confirmed by the court in the case of Garold Wayne and currently in litigation regarding Greater Wynnewood, all of these entity related changes have been a shell game to avoid the BCR judgment.   Let me know if I can be of any further assistance.   Howard Baskin   Hi, I'm Carole Baskin and I've been writing my story since I was able to write, but when the media goes to share it, they only choose the parts that fit their idea of what will generate views.  If I'm going to share my story, it should be the whole story.  The titles are the dates things happened. If you have any interest in who I really am please start at the beginning of this playlist: http://savethecats.org/   I know there will be people who take things out of context and try to use them to validate their own misconception, but you have access to the whole story.  My hope is that others will recognize themselves in my words and have the strength to do what is right for themselves and our shared planet.     You can help feed the cats at no cost to you using Amazon Smile! Visit BigCatRescue.org/Amazon-smile   You can see photos, videos and more, updated daily at BigCatRescue.org   Check out our main channel at YouTube.com/BigCatRescue   Music (if any) from Epidemic Sound (http://www.epidemicsound.com) This video is for entertainment purposes only and is my opinion.  Closing graphic with permission from https://youtu.be/F_AtgWMfwrk  

Fred Zeidman, a prominent Houston based business and civic leader, joins America's Roundtable co-hosts Natasha Srdoc and Joel Anand Samy in addressing the importance of America securing its energy independence amid the adverse economic impact on American families and businesses, the state of US-Israel relations, the challenges in the Middle East and the accomplishments of the historic Abraham Accords and how it impacts of the United States' policy in the region and beyond. The conversation will also bring to the forefront the rise of anti-Semitism and the Boycott, Divestment and Sanctions movement (BDS) targeting Israel. Fred Zeidman presents a principled approach on how America's stakeholders and leaders can best address this growing concern. Fred Zeidman is the Co-Chair and Director of Council for a Secure America. He served as Chairman of the United States Holocaust Memorial Council and was appointed by President George W. Bush in March 2002, serving in that position from 2002-2010. Mr. Zeidman also is Chairman Emeritus of the University of Texas Health Science System Houston, interim Chief Financial Officer of the Texas Heart Institute and serves on the Board of the Institute for Rehabilitation and Research (TIRR). He further serves on the Board of Directors and Executive Committee of the University of Saint Thomas and Houston Community College. Mr. Zeidman currently serves as Chairman of the Board of Petroflow Energy, and as a Director of Petro River Oil, Hyperdynamics Corp., Straight Path Communications, Inc. and Prosperity Bank in Houston. He was formerly Chairman of The Gordian Group, Chairman of the Board of SulphCo Inc., Chief Restructuring Officer of Transmeridian Exploration, Inc. and Bankruptcy Trustee of AremisSoft Corp. He has previously served as Chairman of the Board of Seitel Inc. and Unibar, Inc. Fred Zeidman serves on the board of the Republican Jewish Coalition and the Development Corporation of Israel (Israel Bonds), and served on the Board of the National World War II Museum. https://ileaderssummit.org/services/americas-roundtable-radio/ https://ileaderssummit.org/ | https://jerusalemleaderssummit.com/ America's Roundtable on Apple Podcasts: https://podcasts.apple.com/us/podcast/americas-roundtable/id1518878472 Twitter: @ileaderssummit @NatashaSrdoc @JoelAnandUSA America's Roundtable is co-hosted by Natasha Srdoc and Joel Anand Samy, co-founders of International Leaders Summit and the Jerusalem Leaders Summit. America's Roundtable from Washington D.C. informs, educates, empowers and challenges the listening audience about the importance to restore, strengthen, and protect our freedoms, the rule of law, and free markets. America's Roundtable advances the ideas of freedom, the significance of freedom of speech, limited government, and the application of free market principles to solve problems. America's Roundtable presents in-depth analysis of current events and public policy issues while applying America's founding principles. America's Roundtable radio program - a strategic initiative of International Leaders Summit, focuses on America's economy, healthcare reform, rule of law, security and trade, and its strategic partnership with rule of law nations around the world. The radio program features high-ranking US administration officials, cabinet members, members of Congress, state government officials, distinguished diplomats, business and media leaders and influential thinkers from around the world. America's Roundtable is aired by Lanser Broadcasting Corporation on 96.5 FM and 98.9 FM, covering Michigan's major market and the upper Midwest, SuperTalk Mississippi Media's 12 radio stations and 50 affiliates reaching every county in Mississippi and also heard in parts of the neighboring states, including Alabama, Arkansas, Louisiana and Tennessee, and through podcast on Apple Podcasts and other key online platforms.

Script Supervisor Mamie Mitchell files a new lawsuit against Alec Baldwin and others alleging egregious negligence in their handling of the gun on the Rust set and outlining the facts of the script, which did not call for Baldwin to cock or fire the gun. In the ongoing litigation in the Girardi bankruptcy, Edelson PC won their declaratory relief from the court allowing them to try to pursue litigation against Erika Girardi in the Illinois suit they filed against Erika and several other attorneys in the firm. In the process of this motion Special Counsel Ron Richards was replaced by the Bankruptcy Trustee by attorney Larry Gabriel after Richards was accused of conducting a bizarre shakedown of Edelson PC. Get the Members Only ‘I Have Thoughts Podcast https://www.LawNerdsUnite.com Join the Text Crew  https://http://www.textemily.com (www.TextEmily.Com) Looking for the YouTube videos?  https//http://www.watchemily.com (www.WatchEmily.com) Want to connect with Emily More?  https://http://www.instagram.com/theemilydbaker (www.Instagram.com/theemilydbaker)  I do share things on Twitter too! https://www.twitter.com/theemilydbaker Support this podcast

**Keep in mind** This podcast is not a substitute for professional council. Consult an expert before filing for Bankruptcy Protection.Welcome to Corporate Bankruptcy A to Z, a show designed to educate you on the ins and outs and the dos and don'ts of corporate bankruptcy. On this show, you will hear experts from every step of the bankruptcy process answer the questions that you will need to know, from the simple to the complex.Email your questions for the experts to neil@elementarybusiness.com and to sravin@saul.com  Their door is always open and they will respond.Find more at corporatebankruptcyatoz.comClick here to access the documents mentioned in the episodeB201B201AB309E2 07:06 – Sub Section 5 bankruptcy filing – how it is different09:29 – What a voluntary petition is and its purpose10:11 – Forms to file and why are they so long and the importance of DISCLOSURE14:14 – Where and how the forms are filed16:01 – A case study where the CRO is hired by the company prior to the filing17:03 – How to report cash on the form and timing for a filing19:14 – Monthly operating Report (MOR) cash balances to report24:19 – Amending Bankruptcy schedules25:14 – Details needed for machinery, equipment, and similar assets27:34 – Should the company be concerned about disclosing Intellectual Property details28:59 – When company's change their mind about filing a bankruptcy30:16 – Definition and rights of a secured creditor and their priority37:19 – Unsecured creditors, reconciling claims versus company books39:03 – Company contracts and leases42:32 – Look back periods for insiders (owners)43:48 – Attorney's perspective on how a company filed the forms44:47 – Hardest forms to complete - Statement of financial Affairs46:29 – Will the information submitted by the company be used by others48:08 – Closing thoughtsSince the start of her legal career, Areya Holder has focused on bankruptcy work for consumers and businesses in Texas. She established her private practice in 2003 after working for six years as an attorney for the Dallas Chapter 13 Bankruptcy Trustee.  Call her at 972-438-8800 or email her amy@holderlawpc.com.Host Information:Neil Goldstein (AKA the Workout Guy) is the founder of Elementary Business inc. a specialized consulting firm for distressed businesses and entities in transition. Mr. Goldstein works closely with owners to structure improvements in both operations and finances. With many successes in his portfolio, Mr. Goldstein focuses on the needs of the owner to achieve results in profitability, sale of the company or finding a partner for growth.Neil's book is available on Amazon.comCall 940-808-9451 or Email neil@elementarybusiness.com or visit ElementaryBusiness.comStephen B. Ravin is a highly seasoned insolvency and bankruptcy attorney, with more than 40 years experience. He has served as a trustee and has represented trustees, individual and corporate debtors, creditors, creditors' committees, assignees for the benefit of creditors and receivers. Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today.

Joe Schreibvogel Lawsuit Update Howard wrote this for our supporters, but it's a great summary of work that has taken a lot of our time:   LAWSUIT UPDATE By Howard Baskin 3/17/15   It has been a busy six months since our last update.  So it is time to let our supporters know what is happening in our efforts to collect our judgment against Joe Schreibvogel and his zoo. We view Joe as one of the most notorious exploiters of tiger cubs in the world.   By way of review, after we won the $1mm+ judgment in early 2013, Joe had three individuals associated with him and/or the GW Park incorporate a new GW Zoo.  Joe's “husband” John Finlay became President.   This is the same John Finlay who in depositions in our lawsuit said he did no work at the Park, he slept until noon and then went fishing or played video games.   Joe filed personal bankruptcy.  Then he had the old GW Park file bankruptcy and filed to dissolve the GW Park corporation.  Meantime, he claimed that almost all of the assets of the old Park were now owned by the new Zoo.   There are certain conditions under which your debts are not discharged in bankruptcy.  The one we are aware of is if you lie sufficiently in your bankruptcy filing.  Joe ended up signing a consent agreement that says his personal debts are NOT discharged by this bankruptcy.  This means we can continue to go after his income and assets indefinitely in our efforts to collect our judgment against him personally. So one outcome of his having used our name for his traveling show and losing the lawsuit is that he has to avoid ever owning anything in his name because we can go after it.   The Park bankruptcy was simply thrown out by the court.  So currently we are suing the new Zoo to obtain the Park assets that the Zoo claims to own.  There have been two very interesting and positive developments in our collection efforts.   JOE INHERITANCE OF KANSAS LAND   When you file bankruptcy you are obligated by law to list all your assets.  In his personal bankruptcy Joe conveniently failed to list his residual interest in a large tract of farm land with mineral rights in Kansas.  The land was owned by Joe's maternal grandfather.  Joe's mother has a life estate interest, and when she dies the land goes to Joe and his siblings.  To make a long story short, we discovered the residual interest Joe had failed to disclose and advised the Bankruptcy Trustee.  The Bankruptcy Trustee then took this residual interest from Joe and sold it to us.  So we now own Joe's inheritance.   One humorous part is that Joe thinks that if he dies before his mother we will not get his interest in the land.  He rants about this repeatedly.  Most recently he talked about having his mother on life support for as long as it took for him to die if she ever needed it.  However, he is wrong.  As a result of legal actions we have taken, we do get his interest even if he dies before his mother.  So, we chuckle every time he rants about how proud he is that he will die first and keep us from getting his inheritance.   ZOO LAND   The other positive development relates to the land the Zoo sits on.  The day we sued him in 2011 Joe personally owned the land.  Apparently anticipating that he might end up losing the lawsuit and filing personal bankruptcy, in the days just after we sued him he transferred the land to his mother.  He later claimed under oath that when he did that he did not know he had been sued because he had not been served.   However, BEFORE he transferred the land to his mother, he wrote a Facebook post entitled “Shit has hit the fan” announcing we had sued him.  One more lie under oath.   The Bankruptcy Trustee sued his mother Shirley to bring the land back into the bankruptcy estate.  Sadly, Shirley seems to believe Joe's lies, and has spent hundreds of thousands of dollars funding his zoos and his lawsuits.   We have evidence that indicates that she, like Joe, has blatantly lied under oath – this apple does not seem to fall far from the tree.   Presumably realizing the Trustee would win the lawsuit to take the land from her, Shirley has agreed to pay the Trustee the appraised value of the land, $63,000.  Since we are the largest creditor, a significant portion of that payment to the bankruptcy estate will come to us.   Joe has claimed online that we will never see a penny of recovery.  We now own his inheritance in the Kansas land, likely worth over $100,000 at some point, and we will receive a portion of the $63,000 that his mother is paying into the personal bankruptcy estate.   Is that more than a penny, Joey?   HEARING ON ASSETS (HOA)   The most recent event is what is called a Hearing on Assets in his personal bankruptcy.  While Joe seems to refuse to believe it, I handle the decisions related to the lawsuits and always have, not Carole.  So historically I have gone out to Oklahoma to attend proceedings like this.   But in early January I had open heart surgery to replace a mitral valve that has been a problem for many years.  While I am now almost fully recovered, I was not up for the trip, so Carole attended the hearing.  Joe's apparent obsessive hatred for Carole seems to have affected his demeanor.  When I was there, he never got so emotionally worked up that his attorney had to take him out of the room and calm him down.  But it only took seven minutes for this to happen the first time at this hearing.  And that was not the only time.  Temper, temper Joe.   There were a number of humorous moments as Joe told his lies with his face twitching (his version of Pinocchio's nose).   But the funniest was when he was asked if it was him singing the music videos he has been producing, claiming he is a country western singer.  He got all worked up and refused to answer.  Now, if he were the singer, why in the world would he refuse to answer?  So refusing to answer was about the same as admitting he does not sing the songs.   Any idiot who hears Joe talk and hears the songs would know it is not Joe singing.  Except, of course, the dozen or so idiots who listen to his weeknight “internet tv show” that apparently believe he sings the songs.  And, of course, we know from his accounting records that he (or the Zoo) pays singer Vince Johnson thousands of dollars to sing each song that Joe then lip syncs.  Compare the voice on Joe's songs to the ones on Vince's website: http://ourstage.com/profile/theclintonjohnsonband/songs   It was also comical watching him repeatedly claim he works for free out of dedication to the animals, even mustering big crocodile tears at times, poor thing.  Meantime, the Park records show that for years he has used the Park as his own personal piggy bank paying his personal expenses, including jewelry and plastic surgery.  At the HOA Joe said he is the “pretty face” of the Zoo.   Perhaps it is to his credit that he did not claim it was his real face.  One past employee reported that Joe regularly took cash out of the register to take his lovers gambling and partying.   Back in October 2014 Joe broadcast that he was not going to post anything negative any more.  That sure did not last long.  The night after the HOA he was his usual self, making childish and sexually crude comments about Carole.  One wonders if someday he will decide to operate at a maturity level above a six year old – assuming he can.   THE FUTURE   After we won the judgment, we offered Joe generous terms to put an end to the expensive legal proceedings.  We offered to let him pay his debt to us over 30 years, like a mortgage, to create reasonable, manageable monthly payments.  The conditions were that he had to stop breeding, taking animals offsite for display, and public contact with the animals.   He claimed that he could not afford the payments.  But for many months since then he has been paying legal fees that very likely exceed the amount of the monthly payments we suggested.  And, as noted above, in addition to the legal fees he pays thousands to Vince Johnson to sing his songs so Joe can lip sync and lie as he claims to be a country western singer.   Joe claims his Zoo is dedicated to the memory of his deceased brother and that Joe dedicates his life to the animals.  When you look at his behavior, the only thing Joe and his Zoo appear to be dedicated to are Joe's ego and his apparently desperate need for attention.  Joe appears to be so obsessed with his hatred of Carole and so determined not to pay his debt that he is willing to pay attorneys instead of the debt and risk the future of his Zoo.   And how much does he care about the Zoo, his supposed memorial to his brother, and the animals?   Last October he said that if the outcome of the lawsuit was the Zoo being dismantled, Joe would simply move down the road and breed more tigers.  Does that show love and concern for the future of the animals currently at the zoo, or concern for the memorial to his brother that the zoo is supposed to represent?  Sure does not sound like it.  He would rather see the Zoo collapse than accept a reasonable proposal to pay his debt.  We can only guess that this disregard for the future of the zoo is because agreeing to pay his debt might bruise his delicate little ego.   If the Zoo had a real, independent Board of Directors, they would likely stop Joe from spending money on himself and his silly self serving lip synced music videos.  Instead they would think about how to handle the judgment in a way that would provide the most certain future for the animals.  But with the Board being composed of John Finlay and Joe's cronies Gary Douglas and Tracy Shultz, the animals appear to have no advocate to protect them from Joe making all the decisions based solely on his own ego and hate for Carole.  So, the lawsuit will continue with the Zoo paying thousands and thousands of dollars in legal fees on top of Joe's personal expenses.   The one person who could single-handedly make a difference of course is John Finlay, the President. Finlay walked out on Joe back in August after many years as Joe's “husband.”  Then, according to reports, he came back to the Zoo for a meeting carrying a firearm and was charged with physically assaulting Joe and another worker.  Despite the brief show of independence, Finlay seems to be back again as Joe's pawn.  Fear of big, bad, firearm brandishing Joe?  Who knows?  But we think his continued apparent allegiance to Joe and Joe's lies is a decision John will come to personally regret as the lawsuit progresses.   There is no way to predict how things will evolve.  But, if the ultimate outcome is Joe abandoning the animals and moving down the road, perhaps that would be the best solution for the animals.  BCR does not have the capacity to take over the GW Zoo, but maybe one of the large animal welfare organizations would.  Their tours could tell the story of how for so many years tiger cubs and other animals were mistreated, but were now in good hands.   Maybe that will be Joe's “legacy” – thousands of future visitors being told how for years Joe shamed his brother with how he treated animals, but thankfully the animals are now in the hands of a large animal welfare organization and well treated.  And there will be plenty of stories to tell.  As more and more people have come to work at the Zoo and are either mistreated by Joe or see how the animals are mistreated, we get more and more stories from them.  One current worker has been particularly informative.   We are told by past employees that one current employee in particular would take much better care of the animals if Joe were gone, but remains Joe's lackey as long as Joe is there brandishing his handgun and threatening people.  If Joe left and the people there who care about animals brought in someone who knew how to use the money Joe spends on attorneys and lip synced videos to market the Zoo as the real sanctuary it could be, the world could be a different place for these animals.  That could be another possible outcome.   The court process moves slowly, but from time to time I will post updates like this here.  In the meantime, thanks as always to the many of you who have generously supported our efforts to stop exploitation of tiger cubs!   Hi, I'm Carole Baskin and I've been writing my story since I was able to write, but when the media goes to share it, they only choose the parts that fit their idea of what will generate views.  If I'm going to share my story, it should be the whole story.  The titles are the dates things happened. If you have any interest in who I really am please start at the beginning of this playlist: http://savethecats.org/   I know there will be people who take things out of context and try to use them to validate their own misconception, but you have access to the whole story.  My hope is that others will recognize themselves in my words and have the strength to do what is right for themselves and our shared planet.     You can help feed the cats at no cost to you using Amazon Smile! Visit BigCatRescue.org/Amazon-smile   You can see photos, videos and more, updated daily at BigCatRescue.org   Check out our main channel at YouTube.com/BigCatRescue   Music (if any) from Epidemic Sound (http://www.epidemicsound.com) This video is for entertainment purposes only and is my opinion.

Listen in as David chats with author and nationally recognized asset protection attorney Bo Loeffler. David and Bo discuss Bo's background as a litigator and U.S. Bankruptcy Trustee and how that has helped him as an asset protection attorney. Bo also chats about his experience in representing lottery winners. David and Bo then dive into a few specific tools often used in asset protection planning, including insurance and exempt assets. They also cover limited liability companies (LLCs) and trusts—discussing the key success factors for each and pitfalls to avoid. You can find show notes and more information by visiting www.physicianswealthpodcast.com. 

Online update re: Joe Schreibvogel lawsuit Some of you have asked for an update on the lawsuits with Joe Schreibvogel, who we view as one of the two most notorious exploiters of tiger cubs in the world.  See www.tigercubabuse.com.   During litigation the general rule is not to comment publicly. But there are some events that are a matter of public record on which we can provide an update.   In early 2013 we obtained a consent judgment in Federal Court in Tampa for a little over $1 million against Schreibvogel personally and against the zoo he ran at the time, which we refer to as the “Park.” Employees of Schreibvogel then incorporated a new entity which we refer to as the “Zoo.” Assets of the Park were allegedly transferred to the Zoo. Then both Schreibvogel (personally) and the Park (as a nonprofit corporation) filed bankruptcy, with the Park showing only nominal assets left.  After that, Schreibvogel signed an agreement stating that his personal debts were not discharged by his personal bankruptcy. The Zoo's bankruptcy was dismissed by the bankruptcy court.   We have filed a lawsuit arguing that the assets allegedly transferred from the Park to the Zoo should be available to satisfy our judgment. We are also seeking to obtain certain personal assets of Schreibvogel's to satisfy the judgment.  When we filed the original lawsuit in early 2011, the land that the Park occupied was owned by Schreibvogel personally. A few days after we filed the lawsuit, a deed was recorded in which Schreibvogel transferred the land to his mother, Shirley. The Bankruptcy Trustee has filed a lawsuit against Shirley to bring the land back into Schreibvogel's personal bankruptcy estate.   So, the plan now is to persistently and patiently go through the time consuming process of going after assets of the debtors that would satisfy some or all of the money owed to us in the judgment.   While this is serious business, Schreibvogel does provide us with some pretty good comic relief along the way. Here are examples we particularly chuckle about.  First, Schreibvogel repeatedly makes the absolutely ridiculous claim that Carole pays $100,000 to have dinner with Wayne Pacelle, CEO of HSUS. How he comes up with nonsense like this, and who he thinks would believe such rubbish, is beyond me. Past employees report that he is a regular user of illegal drugs. Perhaps that explains some of his thought process. But I chuckle every time a hear him make this absurd claim.   Another comical assertion he makes is that our efforts to collect on our judgment are nothing more than Carole's “obsession” with him instead of efforts to recover on our judgment. He blames Carole for every decision we make. What he fails to understand is that ever since he began using our name and part of our logo, the decisions we have made on devoting more resources to educating the malls about tiger cub abuse and hiring and working with our attorneys have been primarily my responsibility, not Carole's. I'm starting to feel hurt that he gives me no credit for all this work.   In a way though, seriously, the decisions were all his. If he simply had the good sense to stop using our name and logo and stop using our photos and stop using our videos when we filed the early lawsuits, it would have ended there. It was his decision to engage in prolonged, expensive litigation by filing counterclaims that were so lacking in merit that the court threw them out on summary judgment.   Most recently he made a rather pathetic video appeal online saying that if we would “back off, I would love to get out of this industry”, but if we continue our efforts to collect on our judgment, he will continue to breed tigers. Yeah, right. Next he will be trying to sell me a bridge.  The funniest thing of all is that he has someone sing country western songs, then films himself lip syncing the song, and now claims he is a country western singer.  And his gullible followers seem to actually believe him.   What person in their right mind would lip sync and claim to be a singer?  Can't wait to see his first live performance.  :)   Schreibvogel could have avoided all this by just not continuing to violate our intellectual property rights after we filed the early lawsuits. Instead he chose to force us to spend money and time suing him. There is no “obsession” involved in our efforts to collect on our judgment and recover those costs. It is our responsibility to do so. And I will continue to pursue him for as long as it takes.   Schreibvogel makes videos he wants our supporters to see where he tells them not to donate because we are wasting their money suing him. What he does not understand is that our donors are outraged by his treatment of animals, and our donors' consistent and growing support is what allows us to continue this effort.  Many thanks to all of you who have so generously supported the sanctuary and this effort against an individual we view as one of the worst of the worst among those who mistreat exotic animals. - Howard Baskin

Opps! - Tom Girardi Forgot to Tell the Bankruptcy Trustee about his alleged millions in secret bank accounts. In the latest development in the RHoBH's most lied-about saga, we have the Girardi's again demonstrating their particular brand of truth. The lawyer investigating the law firm's bankruptcy says he found the mystery bank accounts that may contain millions to help pay back his victims. According to court documents obtained by Radar, the trustee presiding over Girardi's involuntary Chapter 7 case is asking for permission to obtain records from Chase and Citi Bank. The bankruptcy trustee's lawyer, Ronald Richardson, says the accounts “may lead to additional information which will not only help me have a clearer picture of the Debtor's financial history, but may also help me determine whether any of the Debtor's assets have been wrongfully diverted." Want to support our work? You can buy us a coffee for  $5. We would really appreciate your help. You cn aleo review us on itunes, please. Plus we are in lockdown hell.  https://www.buymeacoffee.com/goodbyeglam    Contact us: Twitter @goodbyeglam @ohreallytruly  Facebook: https://www.facebook.com/groups/3816530948397371/?ref=share   Instagram @goodbyeglamsquad    

Mr. Wolkowitz served as a trustee in 70,000 bankruptcy cases.  

The Earrings Off co-hosts have a conversation with Mr. Bruce Robinson about avoiding financial disasters and navigating the bankruptcy recovery process. Mr. Robinson is a US Military Academy graduate, serves on the board of the Virginia Legal Aid Society and is a substitute judge and Chapter 7 Bankruptcy Trustee. His message is full of information on how to rebuild after experiencing financial difficulty. His education, experience and knowledge may help you avoid common financial pitfalls. Since so many Americans are unemployed or experiencing decreased income due to the COVID-19 pandemic, now is a great time to listen in!

Check out the latest episode from Bast Amron's The Practice Podcast – A Sneak Peek Into the Mind of a Bankruptcy Trustee. With Special Guest, Bast Amron Partner, and Chapter 7 Trustee, Scott N. Brown.  Scott is a panel Chapter 7 Trustee in the Southern District of Florida appointed by the United States Department of Justice.  Our Insolvency Litigation partners, Brett M. Amron and Jeffrey Bast, talk to Scott about his role as a Trustee.   The discussion touches on various issues that #Chapter7 Trustees encounter and some advice for attorneys with clients contemplating bankruptcy.Click here to listen to the recording.

Martha Bronitsky has been an attorney for over 30 years specializing for the last 25 years in finance as a Chapter 13 Bankruptcy Trustee overseeing thousands of cases filed by individuals and small business owners. She started a business with Beachbody and developed a method to track her income and expenses in order to maximize her income and that of her team without using the old techniques of cold messages and free giveaways.She now coaches network marketers on changing their money mindset to ditch the old negative messages and create a new mindset of worth and abundance. Her signature system of tracking Income and Expenses allows business owners to create targeted marketing strategy and focus on net income rather than sales. Journal Prompt: Money Is _____ IG: @fit_boss_lady Website: fitbosslady.net Radical Empowerment Method: https://www.coachcarriev.com/radicalempowermentmethod

In this article, we will explain the #Clawback Provision and preferential transfers in #Chapter7 #bankruptcy. Read more in the article at: https://www.oflaherty-law.com/learn-about-law/can-the-bankruptcy-trustee-take-back-transfers-made-before-filing-bankruptcy-in-illinois There's no need to leave your home to receive #legalconsultations and #legalservices- Call or click to learn more about phone and videoconferencing with our attorneys. https://www.oflaherty-law.com/notice-on-the-coronavirus-oflaherty-law Have any questions that weren't answered here? Let us know in the comment section! Subscribe to BLTV for daily Learn About Law videos: https://www.youtube.com/channel/UCY4QhGg-zwgUIthoK3EdyjA If you are in the Illinois, Iowa or the Indiana area, and would like to make an appointment with an attorney, O'Flaherty Law would be happy to help. If you would like to schedule a free consultation or receive paid legal advice, go to: www.oflaherty-law.com or call our office directly at (630) 324-6666. SeizeYourBusiness.com is hosted by Bryan McDonald from OnPurpose Growth Website: www.onPurposeGrowth.com My LinkedIn: https://www.linkedin.com/in/mcdonaldbryan/ My Twitter: https://twitter.com/mcdonaldbryan Unlike other business-oriented podcasts, we will not give you “RA RA!” motivation. The purpose of this podcast is to provide you with actionable strategies and tactics that you can incorporate into your own business immediately. Every week, we will interview a successful business owner and plunge into the mind of our guest for specific lessons learned in the course of business. In the second half of each episode, we will have that business owner join us for an in-depth discussion of a particular topic apropos to his or her business, and hopefully to yours as well. Learn About Law is part of the Business Lounge Network, offering convenient and affordable office space in the Chicagoland area. Escape the noise of a crowded office or home and instead work in our professional and calm environment built to suit your business needs. For news on free events, membership offers and more, visit www.BusinessLoungeNetwork.com. More Learn About Law videos, podcasts, and articles: www.learn-about-law.com Learn More about O'Flaherty Law: www.oflaherty-law.com Like us on Facebook for daily videos: www.facebook.com/oflahertylaw/ O'Flaherty Law has convenient offices located in Davenport Iowa serving Iowa and the Quad cities and in Downers Grove, Elmhurst, Naperville, Tinley Park, St. Charles, and Lake in the Hills, Illinois, serving DuPage County, Will County, Cook County, Lake County and McHenry County. Its attorneys focus on providing quality legal work, above-and-beyond customer service, and affordable rates in the following practice areas: divorce & family law; estate Planning, wills & trusts; probate & estate administration; litigation, civil law & dispute resolution; business representation & corporate law; guardianship, elder law & special needs law; residential & commercial real estate law; immigration; bankruptcy; and DUI law and traffic & criminal defense. O'Flaherty Law is proud to offer a free initial consultation in most areas of law. The free consultation will provide general answers on what we can do for you regarding a legal matter, specifics on what services we provide, and brief explanations on what your options for legal service may be. A free consultation does not include free legal advice or answers to specific legal questions relating to your matter. Free consultations last no longer than 30 minutes, but a full 30 minute consultation may not always be required. None of the content in this series is intended as paid legal advice. Subscribe to our channel for daily videos dedicated to law and business. https://www.youtube.com/channel/UCY4QhGg-zwgUIthoK3EdyjA

In this week’s episode of the Crushing Debt Podcast, we interview our friends from Tax Resolution Task Force - Andrea Pope Bauman, CPA, and Jake Blanchard, Esq. I’ve known Andrea as a Chapter 7 Bankruptcy Trustee, a position she held for nearly 20 years prior to recently stepping down from that role. However, prior to being a Trustee, Andrea was an IRS Revenue Officer. She’s taken that experience and used it to start Tax Resolution Task Force. Jake has been an attorney for more than 11 years, working at both big and small law firms, with a focus on bankruptcy and, specifically, using bankruptcy to eliminate IRS debt. Andrea, Jake and I discuss the services offered by Tax Resolution Task Force, including: Offers in Compromise (OIC) IRS Payment plans Un-filed tax returns Payroll taxes Tax liens Penalty Abatement If you want to reach out to Andrea or Jake, contact them at www.TaxRTF.com, or email them at Andrea@TaxRTF.com or Jake@TaxRTF.com. Please also remember to visit our sponsor - EasyStartUpFunds.com. If you have questions for me, please contact me at Shawn@YesnerLaw.com or www.YesnerLaw.com. We’re nearing our 200th episode.  Please subscribe to the show on whatever podcast player you use to listen shows. Subscribing is free and does not put you on any list to be spammed with emails, but you will get the newest episodes of the Crushing Debt Podcast each week when the episode is released.

In this week's episode of the podcast, we talk about different questions a debtor may receive from the bankruptcy trustee. We've covered hundreds, maybe thousands, of these types of creditor meetings over our career and we're pretty comfortable that we've heard almost every question the trustee could ask.While the episode does not contain everything the trustee will ask, it does hit the major points. This podcast tracks a blog post we wrote on the same topic: http://www.yesnerlaw.com/blog/2016/08/what-will-the-bankruptcy-trustee-ask.shtml We would enjoy reading any comments or questions you have on this or any episode of the Podcast.  You can reach me directly at Shawn@YesnerLaw.com, or visit the website at www.yesnerlaw.com.   

Over the last 12 years, Mark Karten has helped hundreds of clients fulfill their real estate needs. Mark specializes in helping first time home buyers and distressed homeowners as well as property owners looking to sell for the highest price in the least amount of time. In business, there are two types of customer service – transactional, where the agent disappears once the rental or sale is completed. The other method is relationship-based, which Mark embraces and encourages all agents to follow. Join us as Mark shares his mindset and a glance at his journey to becoming a Real Estate Rockstar by helping hundreds of clients fulfill their real estate needs.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Self Directed IRA’s are powerful.  Self-directed IRA’s are flexible.  Self-Directed IRA’s can help to make you very, very rich.  And today, I’ll give you the sobering reason to consider abandoning your self-directed IRA, and to never, ever use it again.  I’m Bryan Ellis.  I’ll give you the reasons, and the solution, RIGHT NOW in episode #140.------Hello, SDI Nation!  Welcome to the podcast of record for savvy self-directed investors like you.My friends… I’m going to do it again today… I’ll bang the drum on the risk of prohibited transactions, and why those of you who are doing real estate transactions – or investing in nearly any non-exchange-traded assets – are taking a huge, unnecessary risk by sticking blindly to the use of your self-directed IRA.But first… HOLY COW, people!  Clearly, a whole lot of you are interested in owning some cash-flowing rentals!  Registrations for this week’s webinar about that topic have absolutely blown up.  Here’s the deal:  I’ve found one of those gold-mind types of opportunities.  A very successful real estate investor owns a portfolio of over 50 properties, but he’s in a serious legal dispute with his business partner, and their mediation requires them to liquidate these properties quickly.  That’s created a huge, wonderful opportunity because, folks… these are some incredibly solid cash-flowing deals.  I’m talking about properties that can be bought in the mid-$50,000 range that are collecting rents of $750-$800… and for reasons I’ll explain to you on the webinar this week, tenants tend to stay in these properties for 3-5 years and never, ever miss payments.  It’s a beautiful situation.  Anyway, bottom line is that even after expenses and reserves, most of the 19 or so properties I picked out of that portfolio are still yielding 12% cash-on-cash… and sometimes, quite a bit more.  Several of those properties are ALREADY gone, as some other smart investors like you have already jumped on it, so we’re down to somewhere around 13 remaining as of now.  Bottom line:  You’ll need to act quickly if highly cash-flowing property, fully managed, with very long-term, low-maintenance tenancies is something that appeals to you.  The webinar where I’ll tell all of you about it as a group is THIS week, and you can get the FREE registration link by texting the word TOPPICKS to 33444 right now.  I’ll give that to you again in just a minute, but also if you’re an existing client of mine and you’d like to chat with me personally about this BEFORE the webinar, you know I’m happy to talk with you, as existing clients get first shot at everything.  If that’s you, just go to SDIRadio.com/consultation and set up an appointment time, and I’ll be glad to talk with you.  And if you’re not an existing client, please be sure to join me on the webinar… register by texting the word TOPPICKS – spelled toppicks with no spaces – to 33444.  Text TOPPICKS to 33444.So, my friends, the importance of prohibited transactions can’t be overstated, and since most IRA custodians won’t do you the good service of making it clear to you just how risky it is to use a Self-Directed IRA to buy any non-exchange-traded assets, clearly that responsibility falls to me, and I gladly bear it for you, my dear listeners.Very quickly… a prohibited transaction is when you break a certain set of rules that the IRS has put in place that limits, to a small degree, what you can do with your account, and with whom you can do such things.  Bottom line:  If you break any one of those rules when using your IRA, your account is BLOWN UP, and the financial ramifications will be truly, deeply severe.  Ever seen those pictures of Nagasaki, Japan, when the atom bomb was dropped on it, forming a huge mushroom cloud?  It’s the financial equivalent of that… it’s a disaster if you commit one of these things within a self-directed IRA.  It’s entirely plausible to lose 50% or more… up to the whole thing… due to taxes, penalties and interest.  It’s an absolute disaster… and there’s simply no easy way to get any grace from the IRS to fix your mistake.  With few exceptions, once you’ve screwed up and Uncle Sam finds out about it, then it’s as if your house is already on fire and you can no longer buy insurance.  You’re screwed.Here’s an example.There’s a pending bankruptcy case involving a person named Donald Rogers.  Rogers filed for bankruptcy, and given that he had a self-directed retirement account, the bankruptcy trustee – the person who is trying to take away Roger’s assets for the benefit of creditors – promptly inspected the account for a prohibited transaction because if Rogers had committed one of them, then his account would no longer have any protection from creditors.  That’s one of the downsides of committing a prohibited transaction… suddenly, your IRA can be taken by creditors.And, as it turned out, Rogers really, really appears to have committed prohibited transactions.  Some really, really, really obvious ones.  Things like… he lived in property owned by his account… he bought a boat using the funds in the account, and used the boat himself… he did business with relatives, took loans, and basically did absolutely everything wrong that he possibly could have.  Looks like an open and shut case.  No question about it.That’s why the Bankruptcy Trustee asked the judge to rule that Roger’s account had been involved in a prohibited transaction… it was obvious.  Slam dunk.And folks… the ramifications are huge.  Rogers’ 401k is worth about $300,000, and frankly, he’s going to be ruined by this.  When you factor in his creditors along with the taxes, penalties and interest he’s going to owe as a result of this, his retirement account will end up being a huge liability rather than an asset.  It’s amazing… he could lose the whole thing, and then some.  We don’t know for sure yet, because the part of the case I’m telling you about was a request by the Trustee for summary judgment concerning prohibited transactions and not the conclusion of the full case.Oh, but wait a minute.  There’s an important detail I got wrong in my description to you.  Hmmm….It turns out that Rogers has a self-directed 401k, not a self-directed IRA.  And largely because of and related to that, the judge REFUSED the request of the trustee to grant summary judgment, which would have cleared the way for the trustee to take away Roger’s 401k.  But the judge didn’t do that… the Trustee just couldn’t yet show that the 401k was disqualified.And here’s the rest of the story… this particular case is still pending, so we don’t know what will happen.  But if Roger’s attorney knows anything about this stuff – which is, frankly, doubtful – he’ll reach out to the Department of Labor – the government entity that regulates 401ks – and will take a few simple steps to adjust the plan and bring it back into full compliance.  It will likely cost very, very little to do that, and what will be the result?At the end of the day, if Rogers’ attorney knows what he’s doing, Rogers will be able to keep his 401k… the bankruptcy trustee won’t get his hands on that money… it just won’t happen.  All for one simple reason:  The rules for 401k’s are FAR MORE forgiving than for IRA’s where prohibited transactions are concerned… the difference isn’t even close.In this case… the difference is worth $300,000.  For Rogers, it’s worth literally everything he owns… because his 401k may well end up being the only thing he has left after bankruptcy.And remember:  You don’t have to file bankruptcy for this to be relevant.  Just by committing a prohibited transaction in your IRA, you’ll be subject to the same taxes, penalties and interest… and the financial pain that can cause is absolutely, positively brutal.And don’t kid yourself, my friends.  Don’t just tell yourself that you’re smarter and more careful than Rogers.  Honestly, it’s hard for me to imagine a circumstance in which a person does any substantive real estate investing through a self-directed retirement account WITHOUT committing a prohibited transaction.  It’s just very, very easy to do.Want to get a self-directed 401k set up the RIGHT WAY?  I’ve got a great recommendation for you.  Go over to SDIRadio.com/best401k for my suggestion.So the moral of the story?  My friends, if you qualify, you absolutely should use a self-directed 401k rather than a self-directed IRA.  There’s just no counter argument.  And if you don’t qualify to use a self-directed 401k, you should make some changes so that you DO qualify.And THAT will be the topic of tomorrow’s show… Do YOU qualify for a self-directed 401k… and if not, HOW CAN you qualify?  It’s so important, my friends…. So important.  So be sure you’re subscribed to this show on iTunes or Stitcher so that you don’t miss it.  This is a huge, huge deal.That’s all for now.  One final reminder – text TOPPICKS to 33444 for the registration link for this week’s webinar on acquiring high cash-flowing rental properties.And remember:  Invest wisely today, and live well forever! See acast.com/privacy for privacy and opt-out information.

Today’s guest is Ian Martin.  Ian is both a licensed Bankruptcy Trustee and Chartered Professional Account, and he also has seven years of experience working at Canada Revenue Agency.  As someone who understands both tax law and insolvency law, Ian brings a wealth of knowledge to the conversation and provides in-depth answers to many common tax debt questions.   On today’s show we answer many frequently asked questions about tax debt, including whether or not tax debt can be included in a bankruptcy, and whether or not it’s possible to make a deal with Revenue Canada.

Today’s guests are Rebecca Martin, Trustee in Bankruptcy and Consumer Proposal Administrator at Hoyes, Michalos & Associates Inc. and our co-founder, Ted Michalos. We talk about one of the biggest reasons people contact a Bankruptcy Trustee in a panic - they've received notice from a creditor or their employer that their wages are being garnished. Today's podcast explains everything you need to know about wage garnishments and what you can do about it.   Rebecca explains what a wage garnishment is, how it works, and who it effects. To round out the discussion, Ted offers solutions for dealing with a wage garnishment if it happens to you. His biggest piece of advice: be proactive and take control of your financial situation. Don't let a wage garnishment be the straw that breaks the camel's back; make a plan to deal with debt before it gets that far.

Larry Bagby the 3rd starts us off, Bankruptcy Trustee is a Dueche, Creepy Stories told by Children, We are a Professional Podcast, Oregon Land Slides, California Senator Yee arrested for selling illegal weapons, Gwyneth Paltro is on the market, never over share - TMI, Time for Movie Money and current films.

[CDATA[Larry Bagby the 3rd starts us off, Bankruptcy Trustee is a Dueche, Creepy Stories told by Children, We are a Professional Podcast, Oregon Land Slides, California Senator Yee arrested for selling illegal weapons, Gwyneth Paltro is on the market, never over share - TMI, Time for Movie Money and current films.]]