Practical guidance on debt, bankruptcy, and the financial decisions that matter most. Written by OVLG attorneys.
The federal government shutdown became the talk of the town in the last few weeks. It not only created emotional stress and financial chaos but also highlighted underlining financial problems in the country. Despite a low unemployment rate and robust economy, Americans are still living paycheck to paycheck. They are not yet ready to combat a financial crisis, and that ...
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Debt, debt, and debt; the pressure of paying off outstanding debt is almost in every household in our nation. The Federal Reserve Bank of New York has revealed that the household debt was rising high from the year 2004 to date. The total household debt in America is $12.96 trillion. This is an increase of $280 billion from the end of the year 2008. ...
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What will stop a lawsuit? Debt consolidation or bankruptcy? Bankruptcy and debt consolidation are both very effective debt relief options. But, what if you are ongoing a lawsuit? What will be better for you then? What has the power to stop a lawsuit, bankruptcy, or debt consolidation? Read to know!! Bankruptcy has power. And, you got to believe it through and ...
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It’s everyone’s dream to live a carefree and limitless life! No bindings and no strings attached, just fly high! But the moment you take a look in your pocket, and see a few dimes jingling, all your excitement is drained out! You think and think harder, why you always run out of cash whenever it comes to fulfilling your wishes? Well, the problem is not ...
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Many people dream to be the richest person in their life. They want to fulfill their wishes to become the happiest person. Just imagine you get a lot of money. What would you do with it? How would more money change your life? I am asking you these questions because buying happiness with a lot of money is subjective. Some people want to buy everything they ...
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You can see from your own life, that how struggling it was to build sufficient wealth, and how hard it was to become financially independent. It’s definitely not easy to let go of your finances just like that! Time is valuable! All the money you accumulated in your lifetime, is actually very precious. But then, we have our kids and they are precious ...
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Recently, someone told me his credit score dropped after paying down debt. She was angry, dejected, worried, and frustrated. Her frustration is normal and justified. In fact, this is one of the top questions asked in forums every day. So I wanted to write a detailed post to give people a good link to read when they ask the same question again. Jane: "My ...
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Right now, I am very confused, as in, what to begin with. Bankruptcy or divorce? Both are difficult situations, and both have emotions attached to them! This topic is intense! I will try to be as much lucid as possible in explaining the situations through a written content! Believe it or not, this truly requires a proper face to face conversation! But, ...
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