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May 2017 Archives

Shared parenting after a divorce

Parents in Virginia that are splitting up may want to consider engaging in shared parenting after the divorce. According to multiple studies, shared parenting is a significant factor in the health and development of children after their parents get divorced.

Disagreements over Donald Trump leading to divorce

Arguments over politics are commonplace in a marriage. Virginia couples who are on different ends of the political spectrum will frequently debate certain issues and agree to disagree. However, some circumstances can send a dispute over the edge and lead to the end of a marriage. Research has shown this to be the case with the election of President Trump.

Some demographics more at risk for gray divorces

So-called gray divorces, or separations affecting people over the age of 50, have increased substantially in Virginia and across the country. While divorce isn't always predictable, researchers and analysts have found common associations for divorce and underlying reasons that couples over 50 should be aware of.

The impact of discharged bankruptcies on credit ratings

Virginia residents sometimes struggle with overwhelming debts for years on end because they are convinced that filing for bankruptcy is ruinous to credit ratings and makes future borrowing extremely difficult, but data shows that this is rarely true. While bankruptcies remain visible to lenders for as long as 10 years, they are not usually a significant handicap to obtaining credit. There are also financial options, like secured credit cards, that are designed for consumers who are either establishing or rebuilding their credit profiles.

Trustee not permitted to alter payments

Virginia homeowners who are in arrears and who are considering filing for bankruptcy may be interested in the outcome of a bankruptcy case in Texas. A judge from the United States Bankruptcy Court for the Southern District of Texas ruled that a trustee had no authority to retroactively adjust Chapter 13 payments.

New debt collection methods

Virginia residents might like to know about creative methods being used by debt collectors to attempt to get more payments. Some techniques, like ringless voice mails, appear to skirt rules. Regulations limit how often collectors can call, but this software allows collection agencies to put voice mails into phones by sending messages to phone company servers.

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