Practical guidance on debt, bankruptcy, and the financial decisions that matter most. Written by OVLG attorneys.
So, you’ve made the most difficult decision of your life - that of filing bankruptcy in an effort to reorganize your finances! Your creditors and debt collectors will no longer call you demanding delinquent payments and you’ll feel safe realizing that the bankruptcy trustee is there to handle your creditors. Every Chapter 7 is administered by a trustee, whose main ...
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The tax season has come and most of you are trying to find out ways to put some money back in your wallet. Some tax deductions are common; many people are aware of them. But you can get more tax write-offs by getting a little bit creative. There are some surprising tax write-offs that can help you earn some extra bucks. 10 Bizarre tax write-offs that you should ...
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Credit score plays an important role in deciding your financial health. It is also the key factor to understand whether or not you are a financially responsible person. It also helps to get a rent with better terms, a good job, better loan terms, etc.In short, the better your score, the more financially responsible person you are. Thus, most of the people prefer to ...
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Bar loans are becoming a common tool for the law school students, to complete their degree successfully, and get their place in the State Bar Association!Bar examinations are costly, which might even touch $1000 depending on the state, and are also tough to crack. You need to study very hard, with experts saying at least to dedicate 50 hours per week for bar exam ...
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The IRS loves to get a fair share of the money you earn by hook or crook even if it is only $20. If you find a $10 on the street and take it, you may have to pay tax to the IRS.Love it or hate it, you can’t ignore the IRS. If you have received cash through criminal activities, luck, or other skills, there’s a great probability you have to pay tax.The tax season ...
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Grandparents who work and take care of children may qualify for earned income tax credit (EITC). So if you’re working and looking after your grandparents simultaneously, then you could claim these children for the EITC.What is EITC?EITC means Earned Income Tax Credit. This is a refundable tax credit. If you qualify for EITC and claim it, you could pay less tax or ...
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It is in our human nature to come up with excuses whenever we fail at something and are shy to accept the fact! But how long can you carry on with your excuses?How long will you be able to avoid the consequences of your failure?No, I am not here to talk about ethics and to make you realize your mistakes.What I want to do is point out to you your excuses for not ...
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Usually, couples rush into marriages. But thanks to the new tax law, some couples may rush to the courthouse for finalizing divorce agreements in 2019. Trump’s new tax law has scrapped the 75 year old tax deduction for alimony payments.The massive tax overhaul has surprised divorce attorneys and irritated couples going to the courthouse for divorce. Before the end ...
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