Practical guidance on debt, bankruptcy, and the financial decisions that matter most. Written by OVLG attorneys.
The coronavirus has devastated our lives, be it physically or financially. On October 5, 2020, about 426 new coronavirus deaths and 42,223 new cases were reported in our country.On the other hand, a CNBC report reveals that almost 9 out of 10 people in our country are financially stressed due to the COVID-19 pandemic.Many people have lost their jobs due to the impact ...
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When speaking about financial security, then personal debt tops the list of topics people choose to discuss about theirs. And fortunately it has secured its place as one of the most engaging topics in the country. So, what does financial security got to do with you? This piece of article is got to...
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The debt free making system has helped hundreds people stuck in never ending and ever deepening debts. The debt settlement companies are trying to help the customers but are facing immense problem. The Federal Trade Commission (FTC) is trying to fight against abusive telemarketing by the settlement companies, who negotiate with the creditors to settle debts for less ...
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The American Rescue Plan Act incorporates some significant improvements to the tax code, in addition to including stimulus tests, expanded unemployment insurance, grants for vaccination delivery and COVID-19 training and research, and relief to state and local governments It extends the Section 162(m) cap on the deductibility of wages for publicly held company's ...
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The national debt is the sum a government owes to external lenders. Individuals, corporations, and even other governments can fall into this category. The terms “public debt” and “sovereign debt” are sometimes used interchangeably. The term “public debt” generally applies only to the national debt. The debt incurred by counties, territories, and towns is ...
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The Consumer Bankruptcy Reform Act of 2020 (“CBRA”) has been proposed by two Congressional Democrats, Elizabeth Warren from Massachusetts and Jerrold Nadler from New York. The Act has proposed sweeping changes to current Bankruptcy provisions, and it could prove to be very beneficial to consumers. Here are 5 reasons why this is a game-changer. Worried about ...
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Debt settlement is an efficient approach where you need to pay a fraction of your debt amount. It is a convenient way of getting rid of massive debt within a short time. Your outstanding balance can be reduced by the debt you need to pay.Ways to settle your debts successfullyIf you are going through financial hardship and cannot repay your debts in full, you can ...
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The COVID-19 era has changed the perspective of Americans. Usually, Americans are well-known for their sensibility. But after the outbreak of COVID-19, sensible Americans have become deeply concerned about their future. Health is already at risk. Finances are at stake, and mental health is in bad shape.Fortunately, the federal government is with the people. The ...
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