Archive for December, 2009
Student loan wage garnishment relief
By admin on December 8th, 2009
Student loan wage garnishment relief
Student loan is identical to other forms of loan or financial assistance that is subjected for repayment. Though many borrowers are very well aware of this fact, they fall prey to this trap or steering away from a student loan debt which later on results into a sequence of consequences. Generally, it is found that ignoring summon to repay in either 90 or 120 days after getting separated from the school is common. As a result, the loan remains delinquent for 270 days or more and thereby acquires the tag of ‘default’ status. Defaulted student loan is made by a borrower who fails to adhere to the terms and conditions of the student loan contract. This generally does not happen by mistake, it is caused because of trying to escape from debts. This leads to unfavorable consequences. Before declaring student loan defaulter there is a delinquency period. During this period, the student loan lenders try all their attempts to recover the loan amount. The student loan lenders are authorized under the Higher Education Act Title IV. These student loan lenders exhaust all their efforts in locating and contacting the borrower. If the lender finds his efforts to be in vain, the loan is placed as default. This is turned to the Department of Education or the state guaranty agency. The maturity date is accelerated as soon as the loan acquires the default status. You can acquire student loan wage garnishment relief by paying even very little initially. This initial progress in you will bring hopes to the lender regarding your repayment of loan. Generally, it is observed that by making six payments regularly, there are all possibilities for you to become eligible for additional or surplus aid. The moment you complete twelve payments regularly, you can apply and receive rehabilitation. This determines that you no longer have to be considered as a defaulter. This is the time that the record of default is removed from the reports. Besides, you can take the assistance of your financial aid office of your school to support you and advice about repayment problems. It is recommended that the borrowers lying in the defaulters list need to contact their servicing agency to define the rehabilitation program as it is reasonable to the lender and the borrower. If you are not able to reach a accommodative rehabilitation program with your lender, you can approach the Federal Student Aid to resolve the dispute. They do it perfectly as they are a neutral party.
Hunger advocates want NY minimum wage increase (The Photo News)
By admin on December 6th, 2009
More info…
ALBANY Advocates for the poor are calling on New York state to raise the minimum wage and unemployment benefits.
(AFX UK Focus) 2009-12-04 14:39 Portugal plans 5.6 pct min wage hike despite concerns (Interactive Investor)
LISBON, Dec 4 (Reuters) – Portugal’s government plans to raise the country’s minimum monthly wage by 5.6 percent to 475 euros ($716) in 2010, which could boost public spending amid growing concerns over the country’s fiscal deficit. Prime Minister Jose Socrates told parliament on Friday the government will meet unions and employers next week to discuss the proposed hike, which is another step in …
State hushes wage data (Fort Wayne Journal Gazette)
Indiana has given businesses promising to create jobs more than $3.2 million in tax breaks since the beginning of 2005 – possibly a lot more. But it won’t tell the public paying for the tax breaks what those jobs will pay.
Joint Statement from Wal-Mart and Counsel for Plaintiff Regarding Wage and … – Business Wire (press release)
By admin on December 6th, 2009
Health care company seeks Pa. wage-law exemption – The Associated Press
By admin on December 4th, 2009
Minimum wage cut gaining steam with GOP Gov. candidates – Chicago Daily Herald
Wage garnishment on gratuities
By admin on December 1st, 2009
Wage garnishment on gratuities
Before I go into the details of this small article about wage garnishment on gratuities, let me make it absolutely clear that the wage garnishment on gratuities is totally illegal. Nobody can take away gratuity amount from your wages. Your gratuity amount is totally protected by the law. This is your own safe money beyond the wage garnishment laws. The next logical question is that if it is illegal then why do the employers do it? The answer is simple again. The employers know that you are illiterate as far as the knowledge of the wage garnishment law is concerned. The employers take disadvantage of your mental instable situation. It is absolutely necessary to get yourself educated about the wage garnishment law. The first point about the wage garnishment act is that you have rights as a borrower. You must go to the official government web sites giving you complete info about your rights as the borrower. If you feel that your employer is with holding your wage garnishment illegally, there is legal remedy to this problem. Here is the second important point that you must learn. The employer is also bound by the wage garnishment act. He can get a punishment of one thousand dollars fine and up to one year of the imprisonment. This is a good deterrent. If you feel that your employers is with holding your gratuities, and then do a simple thing. Just give him in writing that you are planning to take the legal action against him for his this illegal act. This will be sufficient deterrent. The employer will immediately stop taking out your gratuity money. It is your ignorance of the law that makes the employer bold enough to do illegal acts. There are other incomes also that the employers try to with held illegally. The payment for your uniforms, the medical and fitness costs are some of the costs that the employers try to with hold illegally under the wage garnishment act. It is necessary to understand that all your problems are there because the employer is convinced about your ignorance of your legal rights. It is necessary there fore to get educated about the wage garnishment law. The government has good web sites where this subject of the wage garnishment is very well explained. There are different forums, where you can go and discuss your problems in an anonymous manner. The wage garnishment on gratuities is totally illegal and it is your duty to point out this fact to the relevant authorities and get the legal relief. You have full job protection under the wage garnishment law and the employer can not fire you.
N.J.-based health care company seeks Pa. minimum-wage, overtime law exemptions (The Star-Ledger)
By admin on December 1st, 2009
More info…
A New Jersey-based health care company told Pennsylvania’s highest court today the company should not be bound by the state’s minimum-wage and overtime laws in compensating employees who provide companionship and other non-medical services to elderly and other homebound people….
Employers, unions see eye to eye on minimum wage rise proposal (Budapest Business Journal)
Employers and labor unions both proposed at a meeting of the national interest coordination council OT on Tuesday raising the monthly minimum wage to HUF 73,500 in 2010 from the current HUF 71,500, maintaining the value of real wages in light of projected 3.9% average annual inflation.
Minimum wage hike will shrink Niagaras tender fruit industry: report (Welland Tribune)
ST. CATHARINES An independent agriculture think tank is predicting catastrophe for Niagara’s tender-fruit industry if nothing is done to temper the blow of a minimum wage hike in March….