Practical guidance on debt, bankruptcy, and the financial decisions that matter most. Written by OVLG attorneys.
Chapter 7 bankruptcy can be a debtor’s last resort to get his/her financial life back in order. However, even after getting a discharge, you, the debtor, may be financially obligated to repay some of your debts. Check out what happens to your secured and unsecured debts when you file Chapter 7 bankruptcy. Read more - Chapter 7 bankruptcy – Discharge your debts ...
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For some elderly person, the creditors’ call becomes so annoying that they end up changing their phone numbers to dismiss such calls. It’s said that when a person falls behind on monthly bill payment, then the creditor passes the debtor’s account to a debt collection agency to collect the payment.When can a debt collector starts calling an elderly personA debt ...
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Family law cases, especially divorces are always troublesome. The whole process is full of stress, dilemma and anxiety. The worst part is, such cases are usually expensive, which can deliberately stretch the budget. As per the study, the court fees, legal fees, attorney fees are undoubtedly expensive and cost up to $20,000. Besides, the overall costs will depend upon ...
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“Family isn’t whose blood you carry. It’s who you love and who loves you back”. Blood relations aren’t always the best thing that happen to us. We often find our bliss in step-families, after we’ve gone through the cockeyed experience of our existing families. But this doesn’t mean step-families or blended families are joyous at all times. They do also ...
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Love and money - both have different connotations in the life of stepparents and stepchildren. Love is an emotional feeling whereas money is a necessity without which stepchildren can’t survive.These children suffer immensely - both physically and emotionally, even when a divorce is an amicable one. Love can heal their emotional wounds whereas money can help them to ...
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Feeling proud and secured after forming your first Limited Liability Company (LLC) in the US? Do not be since the LLC’s limited liability protection doesn’t offer 100 percent security for your personal assets. You could still be held responsible for the unpaid payroll taxes or loans you guaranteed personally that your LLC failed to pay off. Scared? Feeling lost ...
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Are you aware of the home improvement scams which are very common these days, especially in summer and spring time? Home improvement scammers are deceptive. They visit each residential area to hunt their victims. So, don't trust on any unknown contractor who offers exciting home renewal deals such as free services or low charge on driveway sealant, chimney repair, ...
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Leaving an inheritance for grandchildren is popular among grandparents. Of course, they all have their own reason for leaving the inheritance for the grandkids. If you’re planning the same and want to leave a part of the estate or a certain amount of money, then you’ll have to plan in a right way. 5 Tips to know before leaving an inheritance for grandchildren It ...
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