Practical guidance on debt, bankruptcy, and the financial decisions that matter most. Written by OVLG attorneys.
In words of President Obama - “When women succeed here in America then the whole country succeeds… I’ve got two daughters, I expect them to be treated the same as somebody’s sons who are on the job.” Way back in 1938 the Congress passed the Fair Labor Standards Act (FLSA), which was amended by the Equal Pay Act (EPA) of 1963, signed by President John F. ...
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With age the ability of people to remember things and to cope up with different situations lowers. So, it’s your duty to care for your parents and help them deal with their debts. There are various situations that can lead aged people to incur more debts. When you were a kid, it was your parents who had looked after you, and now it’s your turn to help them. Even ...
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Financial red flags! Does this sound familiar to you? Well, for those who’ve heard the term ‘red flags’ for the first time, let me clear your doubts. Red flags are nothing but warning signs. It signifies danger, risk, troublesome situation, crisis, which would not let you progress. You are often surrounded by situations where progress is slow. Your financial ...
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Facing an accident is disastrous. It causes tremendous loss and trauma. It affects the financial condition, and the situation gets more stressful. People who meet such a situation may get more unnerved when they don’t get compensation for the damages they suffered. And the situation forces them to take out a loan to maintain huge car repair bills and medical bills. ...
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Do you know that dying without a will can lead to serious legal problems? If you feel that you have some responsibility towards your family, then make a will immediately. This way, you can save your loved ones from the disastrous legal consequences on the sudden occasion of your death. “On July 4, 2009, NFL quarterback Steve McNair was found murdered in a hotel ...
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Couples whose marriages seem perfect from outside are often blindsided with the revelation that their spouses have been unfaithful - as long as their finances were concerned.This is nothing rare. One partner has been found lying in every three couples according to a survey by the National Endowment for Financial Education in 2014. Moreover, a whopping 76% of those ...
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Is your debt acting as a slow poison in your body? Is it creating excessive mental stress or physical ailments? If so, then it’s hardly surprising because debt or financial issues have a direct relation with your mental and physical well-being. Debts lead to mental stress and generate negative thoughts in your mind. The result is fatal. It wreaks havoc on ...
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The plain and simple answer is yes. It’s crime to make false claims in bankruptcy papers. Remember, bankruptcy is your last hope. If you lie to save your assets or for any other reason, then this last hope would also be lost. And, I’m not joking. Your bankruptcy case would be dismissed. You need to be honest from the very beginning. It begins from the time you ...
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