On Behalf of Bowen Ten Long & Bal, PC | Nov 25, 2015 | Divorce
Many people have retirement accounts, either on their own or through their jobs. When people have made contributions to these accounts during their marriages, the portion of those accounts resulting from those contributions as well as the accrued interest on the...
On Behalf of Bowen Ten Long & Bal, PC | Nov 23, 2015 | Divorce
As Virginia residents contemplating divorce may know, support in the form of alimony is sometimes ordered by the court. The higher-earning spouse may be required to pay alimony to help with the living costs of the other partner. A number of factors may be considered...
On Behalf of Bowen Ten Long & Bal, PC | Nov 17, 2015 | Bankruptcy
When a Virginia resident files for bankruptcy, it could lower his or her credit score by 100 points or more. This may make it hard to get a mortgage or gain approval on future credit card applications. As the effects of bankruptcy could linger for many years, it is...
On Behalf of Bowen Ten Long & Bal, PC | Nov 11, 2015 | Divorce
Many people who are going through a divorce in Virginia and around the country are over the age of 50. While the divorce rates among younger couples have gone down, researchers say that 'gray divorces" are on the rise. In 2014, there were two times as many divorces...
On Behalf of Bowen Ten Long & Bal, PC | Nov 9, 2015 | Domestic Violence
People in Virginia may shake their heads when domestic violence victims return to their abusive relationships, but money often drives the decision. Victims sometimes have no access to money and may not even have a job when they try to leave a relationship because of...
On Behalf of Bowen Ten Long & Bal, PC | Nov 5, 2015 | Divorce
Family businesses can be helpful solutions to meeting household expenses, and in many cases, side businesses become primary sources of income for Virginia residents. However, it can be a challenge to deal with a family business during divorce, especially if both...
