Practical guidance on debt, bankruptcy, and the financial decisions that matter most. Written by OVLG attorneys.
If “saving more money” is one of your financial resolutions this year, then “building a good credit score” should be on your list. If no, then you are not aware of the fact that, a good credit score helps people to save thousands of dollars during the lifetime. Building a good credit score is a grand goal, but for achieving this goal, you should know the ...
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In December 2013, I lost my job after working for 5 years. I was earning a good amount every month from the company. The wage and bonus were good. So, you can well imagine my shock after I was shown the door at office one fine day. My whole world crashed within a second, and then hell broke upon me. All I was left with were huge credit card statements, collection ...
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Are you left out of the will? If yes, then what will you do next? Well, before you knock the doors of the court, consider these situations: Situation 1: You do not belong to the testator’s (a person who creates a will) clan. And, your name was not there in his/her previous will. Situation 2: You are family, and the deceased person has discussed an inheritance with ...
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1. Hike in the minimum wage for federal contractorsThe minimum wage of federal contractors from January 1, 2016 has been increased to $10.15 per hour. In January 2015, the minimum wage was increased to $10.10. Again in September 2015, the US Department of Labor declared that federal contractors’ minimum wage would be raised by $0.05 per hour from January 1, 2016. ...
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Bankruptcy is like a fish net. You can use this net to catch all your creditors and then pay them off one by one. However, there are a few hard facts about bankruptcy that many people are unaware of. Although, I hope none of you have to file bankruptcy in 2016, yet it doesn’t hurt to know a few facts about filing bankruptcy. A few unknown facts about filing ...
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2015 is gone. As the new calendar year begins, let us look back at the 7 laws that made a positive effect on our life. 1. Gay marriage got legalized Finally, a victory of love for the gay people. Same-sex marriages got legal in the US after the Supreme Court gave its final nod in June 2015. The historic court ruling came after an Ohio man filed a lawsuit against ...
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The nationwide migration to EMV (Europay, MasterCard, and Visa) had begun in October 2015. The country warmed up to these cards in the wake of an increasing number of data breaches. These cards are equipped with computer chips to authenticate transactions and have been brought to the American shores for strengthening the credit card security in the country. Why are ...
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“By 2016, millions of employees around the country could become newly eligible for overtime pay due to a change in federal rules.” Change in laws seems sweeter when you receive benefits from them. Who doesn't love to get paid for his/her overtime work? I know, everybody does. The Obama administration has brought some changes regarding overtime rules. Find out ...
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