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October 2015 Archives

Dealing with business issues in divorce

A Virginia couple may find that financial matters involving a business can be a serious point of dispute during divorce proceedings. However, it is helpful to realize that many of the most heated divorces involving family businesses create an unrealistic public view of what to expect. In most cases, judges are realistic in understanding the importance of a company's ability to continue operating. This means that a judge is not likely to give a contentious spouse a significant share of the other party's business if this would undermine the company as a whole. Continuity for the company would be an important factor for the owner to be able to generate income that would facilitate the alimony payments or other obligations to an ex-spouse.

New rule will let jailed dads pause child support payments

President Barack Obama has announced a new policy that will allow imprisoned fathers in Virginia and nationwide to stop making child support payments without penalty while they are behind bars. The policy, which will not be enacted until 2017, has been met with criticism from lawmakers concerned it could force more single mothers onto welfare.

Divorce checklists can prevent mistakes during the process

Spouses in Virginia going through a divorce sometimes forget to take care of important tasks or find themselves at a disadvantage during property division negotiations due to mistakes caused by the severe emotional pressure they are under. Putting together a checklist of important matters can sometimes help spouses to avoid these pitfalls and help prepare them for the road ahead.

Bankruptcy in Virginia

People who are working but who are unable to meet their monthly financial obligations may qualify for relief by filing for Chapter 13 bankruptcy. The procedure is meant to assist wage earners with a legal solution that is designed to help them repay part or all of their debt by creating a payment plan for the debtor that is affordable and feasible.

The benefits of having a divorce lawyer

Virginia couples who are going through the divorce process may believe that they can settle their cases on their own. However, if one spouse has an attorney, the party who is without legal representation is at a disadvantage. During court proceedings, all parties are held to the same standard, regardless of who represents them. While a judge may show some patience, everyone is expected to know the law when presenting their case.

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