When Virginia residents find themselves in significant debt, bankruptcy is often a consideration. Depending on the debtor's circumstances, either Chapter 7 or Chapter 13 bankruptcy may be selected. In Chapter 7, the debtor's non-exempt assets are liquidated, creditors...
Electronic data may be reviewed during divorce proceedings
On Behalf of Bowen Ten PC | Dec 27, 2016 | Family Law
The Internet is a popular and frequently utilized communication channel. Thus, information sent across the Web or stored on a cloud server can become a key factor in major life events, including marriage, separation and divorce. Virginia couples who are facing the end...
Debts declared nondischargeable in future bankruptcy
On Behalf of Bowen Ten PC | Dec 23, 2016 | Bankruptcy
When Virginia debtors file petitions for Chapter 13 bankruptcy, it is important for them to understand that they must get permission to engage in any financial transactions from the U.S. bankruptcy trustee. They must also report all additional income that they receive...
Child support improves children’s lives
On Behalf of Bowen Ten PC | Dec 19, 2016 | Family Law
Although every single parent in Virginia may not be married, all noncustodial parents should contribute to their children's financial and emotional care. Research indicates that the majority of children who are raised in a single-parent home encounter more financial...
How mediation can help with co-parenting disputes
On Behalf of Bowen Ten PC | Dec 15, 2016 | Child Custody
Divorced Virginia parents who move in order to be closer to a new partner while still attempting to remain relatively close to their children may introduce conflict into their coparenting relationship. One problem is that they may underestimate the time the added...
Using a debt negotiation firm
On Behalf of Bowen Ten PC | Dec 11, 2016 | Bankruptcy
People in Virginia who have a large amount of credit card debt might be thinking about seeking guidance from a debt negotiation firm. These firms can negotiate with credit card companies on the consumer's behalf and help them reduce or eliminate their debt over a...
Transferring assets before filing for bankruptcy
On Behalf of Bowen Ten PC | Dec 7, 2016 | Bankruptcy
Virginia residents considering bankruptcy should understand exactly how the legal process works. There are a variety of rules, including a bar against certain transfers of assets within one year of filing a petition.In a case that reached the U.S. court of Appeals for...
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