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Posts Tagged ‘LOCH’

Changes to Employee Benefits

April 16th, 2018

Under the Trump tax plan, employees can no longer deduct unreimbursed employee expenses.  In addition, moving expenses that are reimbursed are now taxable.

If you have a tax problem, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

DUI Probable Cause

April 11th, 2018

Missouri courts have stated that the smell of alcohol, watery eyes, and mumbling speech is enough to support a finding of probable cause to believe that a driver was intoxicated.  Before demanding a chemical test, a police officer must read certain rights to the driver.

If you have been charged with a traffic crime, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

Tax Deductions Go Away

April 10th, 2018

Under the Trump tax plan, taxpayers will no longer be able to deduct the interest paid on home equity loans and will only be able to deduct mortgage interest paid on debt up to $750,000.  In addition, taxpayers will no longer be able to deduct moving expenses.

If you have a tax issue and would like to chat with an attorney, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

Health Care Penalty to Go Away

April 6th, 2018

Starting in 2019, the penalty for not having health insurance will go away.  The penalty came about under the Affordable Care Act.

If you have a tax issue and need assistance, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

Toys R’ Us Files for Bankruptcy and will be Closing All U.S. Stores

April 4th, 2018

Toys R’ Us has filed for bankruptcy and has announced that it will be closing all of its stores in the United States.  Before filing for bankruptcy, Toys R’ Us obtained a $3.1 billion loan in order to try and save their business, but unfortunately it was not enough to keep them alive.

If you have a business that is in financial trouble and would like someone to speak with, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

Claire’s Files for Bankruptcy

March 28th, 2018

The fashion accessories store, Claire’s, has filed for bankruptcy.  It is not yet clear if the business will remain open and simply switch to another owner or simply shut down.

If you have a business that is struggling and would like to know your options, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

Actor Joey Lawrence Files for Bankruptcy

March 23rd, 2018

Actor Joey Lawrence, known for working with Melissa Joan Hart, has filed for bankruptcy with his wife after his show was cancelled after five seasons.  In 2015, Joey stated he made $534,000, but in 2016 Joey made $58,000.  At the time of filing bankruptcy, Joey had $60 cash and $8,000 in the bank.

If you are thinking of filing for bankruptcy, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

No Right to Visibility in Real Estate

March 19th, 2018

A Missouri court has ruled that a real estate owner does not have the right to have their building visible.  In the case before the court, a landowner objected to a sound barrier wall being built along a highway because it would block the view of his building.  The court ruled against the landowner.  If you have a real estate matter that needs to be addressed, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

Bankruptcy and Malpractice Claims

March 16th, 2018

A legal malpractice claim is when you believe your attorney messed up in some way, costing you money.  If you file bankruptcy and have a malpractice claim, the bankruptcy trustee can pursue the claim on your behalf in order to pay some of your creditors.  However, in order to be part of your bankruptcy, you must have been aware that you had a malpractice claim before you filed for bankruptcy.

If you are thinking of filing for bankruptcy, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

Missouri Hospital Files for Bankruptcy

March 13th, 2018

The Iron County Hospital District, located in Pilot Knob, Missouri, filed for bankruptcy.  At the time of its filing, it had less than $50 million in debt and less than $10 million in assets.  If you are thinking of filing for bankruptcy and would like to speak to an attorney, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.