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OVLG Blog: Debt Relief, Bankruptcy and Personal Finance Advice

Practical guidance on debt, bankruptcy, and the financial decisions that matter most. Written by OVLG attorneys.

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Articles · Page 35 of 129

Spousal support: How can you secure the alimony?
Law

Spousal support: How can you secure the alimony?

Updated Jun 14, 2018

Getting alimony or spousal support is an ambiguous subject for people. Due to ignorance on this subject, many people suffer financially.People don’t know that they can get alimony even after the death of the payor spouse. Even, a spouse can get the unpaid alimony after the death of the ex-spouse. Well, there are many causes which are quite normal.In general, in a ...

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Do you have the best card? Know which credit card you should get!
Credit

Do you have the best card? Know which credit card you should get!

Updated Jun 12, 2018

Your credit card is a very important tool! If used wisely, it will surely save you in your times of financial emergency and crisis.But many of us are not happy with our credit cards. Some find it a menace, while some call it a burden, and they just want to get rid of it!Are you one of those who don’t get the most out of their credit cards, like rewards and gifts? Or ...

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things-to-do-when-you-lose-motivation-to-get-out-of-debt
Debt Relief

6 Things to do when you lose motivation to get out of debt

Updated Jun 12, 2018

“Success is a state of mind. If you want success, start thinking of yourself as a success”- Joyce Brothers Have you ever wondered why so many fail to get out of debt even after giving their best efforts? So many people start a debt payoff plan, but after a few months, they lose patience and give up hope for attaining financial freedom. Why does it happen like that ...

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debt-stacking-the-best-way-to-eliminate-debt
Debt Relief

Debt Stacking - Best way to eliminate debt

Updated Jun 12, 2018

 “Some debts are fun when you are acquiring them, but none are fun when you set about retiring them.” - Ogden Nash Managing finances while in debt is a difficult job. But, you have no other option other than paying it off and managing finances at the same time.Today I’m going to guide you how to pay back debt with the help of debt stacking method ( ...

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who-needs-to-settle-credit-card-debt-when-you-die
Credit

Who needs to settle credit card debt when you die

Updated Jun 12, 2018

Does your credit card debt die with you? Does it enter your grave stealthily? Or, does it haunt your family?There is no simple answer to this question since lots of factors can change a scenario.Factors that can change a scenario(i) Your location(ii) The name of the credit card holder(i) The location:Location matters especially in the case of community property states ...

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The 4 Samurais of Debt Elimination
Debt Relief

The 4 Samurais of Debt Elimination

Updated Jun 12, 2018

Many people wonder what would be the best debt elimination strategy. Most people strive to find out the secrets of a debt free life. It's easier to spend money for several reasons and on different occasions. But paying off the debts is a different thing altogether. Here are 4 samurais that are well capable to take care of your debt problems and make things easier for ...

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Use your judgment before you choose to settle your credit card debts

Use your judgment before you choose to settle your credit card debts

Updated Jun 12, 2018

It’s true that credit card settlement can relieve you of your ever increasing credit card bills. Yet, before you decide to settle your dues, it’s better to look at every other possible alternative. Almost everybody knows by now that bankruptcy may offer you with a fresh financial start. However, settlement seems to be a better option. Find out why.Why settlement ...

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How can a person maintain a debt-free life?
Budgeting

How can a person maintain a debt-free life?

Updated Jun 12, 2018

Debt free living isn't tough at all. The only thing is that you have to consciously step away from situations that might make you borrow or seek financial aid. Being aware of the consequences of a debt-ridden life can act as a motivation if you intend to dodge debts. Check out the traits that usually help a person to stay away from debts.Be organized – People who ...

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