Practical guidance on debt, bankruptcy, and the financial decisions that matter most. Written by OVLG attorneys.
Critical! Serious! Confusing! Troubling! Difficult!This is what “Tax” and “Bankruptcy” feel like!!You got any better adjectives to describe them?? Well, I don't!People file bankruptcy when their debts are not in a position to be paid off easily.They want to get rid of those debts with one big blow and start everything fresh, that will mark a new beginning, a ...
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The official tax filing season kick-started on January 29, 2018. The last date to file income tax returns is April 17, 2018. Usually, the last date to submit income tax returns is April 15. But since it falls on Sunday and Emancipation Day is on Monday (April 16, 2018), so the IRS has extended the deadline to April 17, 2018. So you’ll get more days to file your tax ...
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“The customer is always right” - this is the cardinal rule of shopping. If you have purchased something and then regretted, then the merchant gives you a refund. But what if the merchant refuses to give you a refund? You can request the credit card company to reverse payment, which is popularly known to all as a chargeback.The Federal Fair Credit Billing Act ...
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Challenging the contents of a ‘Will’ is a very hard job. It’s a rare case scenario, but it happens!First of all, you got to understand whether or not the Will can be disputed. Because a Will is not just a piece of paper that has scribblings on it! It determines what property is held by whom, and to whom will it be passed on!Next, whether or not you can contest a ...
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Debt becomes a pain for many of us when we can’t handle it anymore. Here the term ‘it’ means a lifestyle where we are living paycheck to paycheck, have no money for emergency expenses and struggling to pay off our debts.Usually, we start looking for ways to make money and manage debts when the following things happen:Debt collectors start calling you every ...
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Natural born spenders seek out the latest fashions, explore new restaurants, try out latest gadgets, and so on. They thrive on new things in life and for that, they are ready to pay their entire paycheck if required.How can you spot a natural spender?Natural born spenders are the ones who live for finding that perfect skirt or stiletto to look drop dead gorgeous even ...
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New year is the new beginning; this is the time when you should revisit your last year's checklist to find out the mistakes that you made and to-dos on which you should work on. Well, the first month of the year is the busiest month because you have to sort out some important tasks like getting prepared for tax time, setting financial goals, formulating a new budget, ...
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A very critical situation one faces in life is how much to save and how much to spend (including debt payments)! But there’s actually no definite answer to that question!I can never tell you how much you should save. Seriously, the more you save, the better!Money is one of the most important components of a happy and successful life! The truth is, money comes in ...
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