Virginia residents who have more debt than they can afford to pay off in a reasonable amount of time may decide to file for bankruptcy. Individuals may choose to liquidate all of their available assets to pay off creditors under Chapter 7 bankruptcy or develop a...
Experienced, Compassionate and Effective Advocacy
Month: June 2016
Social Security Disability benefits and bankruptcy
Virginia residents who have more debt than they can afford to pay back may decide to file for bankruptcy under Chapter 13. During the bankruptcy process, debtors will be asked to report all of their income and assets that could be used to pay off outstanding debts....
Baby boomer divorce rates high
Older adults in Virginia and throughout the country may be more likely to divorce than ever before. Statistics show that while the overall number of divorces has fallen, half of all marriages still end in divorce. Baby boomers are the main reason for the latter...
Immigrant ex-wife entitled to support in spite of prenup
Prenuptial agreements are a popular option for couples in Virginia and around the country who wish to determine in advance how matters like alimony and property division will be handled if they decide to divorce. While these agreements are often able to withstand...
Dispelling bankruptcy myths
There are a number of misconceptions some Virginians have about filing for bankruptcy and what will happen if they do. Understanding bankruptcy may help people to better understand what they might expect from the process while dispelling their fears and any...
Child support may include private school tuition.
When Virginia parents go through a divorce, the non-custodial parent will often be ordered by the court to pay child support to the custodial parent. Although Virginia has established guidelines that calculate an amount bases upon certain listed factors, courts have...
Divorce laws vary by state
Virginia residents who are considering divorce may wish to know more about how the process can differ from one state to another. Particularly for those spouses who own property in more than one state, there are some important considerations regarding divorce laws that...