Category: Law & Finance

women
Jul 29

Important Labor Laws You Need to Know

Whenever you’re seeking to start a company, it is always better to get in touch with legal specialists or local regulatory bodies to understand the regulations and laws which will impact your small business. This will range from property legislation and promotion to workplace safety. There are particular rules and regulations you will need to abide by, before beginning a company.

Business laws may vary from country to country, so it is always good to perform the due diligence and save your company from problems in the future. Labor legislation includes legislation, rules, and regulations that involve the connection between workers and companies. Some labor laws incorporate child labor, working hours, minimum wage, worker security, or worker compensation. But keep in mind this post is intended as a summary, and you need to consult the concerned government.interview

Working Hours and Pay

man laptopWorkers operating hours may range from 10 – 16 hours for six days every week in the past years. Eight hours per day or 40 – 48 hours every week is a standard in most nations. On the other hand, the workers can opt to work for extended periods on their own in return for overtime compensation. There are exceptions for this law being implemented in certain areas, or you won’t see some specific sectors.

Nevertheless, you have to keep your hours someplace close to the standards. Minimum wage law implies you can’t hire hourly workers for significantly less than a specific monthly or daily wage. Likewise, countries or nations make it required to pay workers higher prices.

Workplace Safety

First, you will need to give your employees a secure working environment, to ensure employees aren’t subjected to accidents or sickness because of the working conditions or character of the occupation. You want to be certain safety measures are in place, when necessary protective equipment is available, and all kinds of security standards are observed in offices, warehouses, or transportation.

Employees Compensation

If an employee suffers a job-related accident or sickness, the company needs to cover rehabilitation and medical bills, disability payments, and other advantages based on the seriousness of the illness or injury. Again, workers’ compensation legislation will change, and therefore you have to talk to the regional specialists rather than relying entirely on the internet details.…

money and law
Jul 01

Four Scenarios When You Need to Hire a Debt Settlement Lawyer

If you’re grappling with loads of debt to the point where you can’t see yourself paying it off, your best bet may be to enlist the help of a debt settlement attorney. Of course, the primary downside of going this route is the cost involved. Debt settlement lawyers can command a small fortune for their services, whether they work on contingency (meaning they take a cut of the debt savings they negotiate for you) or charge a specific hourly or per-case rate. The plus side of hiring a debt settlement lawyer, however, is getting an expert in your corner who can fend off creditors and potentially succeed in wiping out some of your outstanding obligations.

1. Your debt is substantial

If you owe a manageable amount of money, it often pays to go straight to your creditors and try negotiating either a settlement or a repayment plan. For example, if you owe a creditor $2,000 and offer up a $1,000 payment to settle that debt, that creditor might agree to such an arrangement, as it won’t be losing a huge amount of money.

But if you’re sitting on $20,000 in debt, that’s a different story, and you may want to hire a lawyer to talk that number down.

2. Your wages are at risk of being garnished

In some cases, your creditors can come after your earnings if your debt goes unpaid for too long. For example, if you owe the IRS back taxes, or if you’re delinquent on your student loans, you could be at risk of having your wages garnished, compounding your financial troubles. If that’s the situation you’re facing, then it might pay to hire an attorney to step in.

3. You’re actually being sued by a creditor

Just as consumers have legal protections, so do creditors who are owed money, which means that in some cases, your creditors may have the right to initiate a lawsuit against you. At that point, bringing an attorney on board often makes sense, especially if there’s a chance a serious judgement will be issued against you.

4. You’re thinking of filing for bankruptcy

If your debt has escalated to the point where you’re thinking of filing for bankruptcy, then it’s a good idea to see if a debt settlement lawyer can help you avoid that fate. While filing for bankruptcy might seem like an easy solution to an otherwise daunting problem, it’s no picnic. Not only is it expensive, but it can stay on your record for seven years in the case of a Chapter 13 filing, or 10 years in the case of Chapter 7. And when you have a bankruptcy filing on your record, borrowing can be prohibitively expensive, if not downright impossible. A debt settlement attorney might help you avoid that fate, thereby keeping your credit record reasonably intact.…