A business can be an important financial asset. Couples in Virginia who own one together should make sure that they have a way to protect it should they get divorced. Before getting married, couples who are co-owners of a business may opt to complete a prenuptial...
Experienced, Compassionate and Effective Advocacy
Month: February 2017
What may happen to a trust in a divorce
Virginia residents who are getting married and who are the beneficiaries of a family trust might want to check the terms of that trust to find out its status in the case of a divorce. With a third party trust, even if it is intended only for one individual, the other...
Bankruptcy and auto loan deficiency
A new vehicle can quickly depreciate in value, and the owners may find themselves owing more on the balance than what the vehicle is worth. Virginia residents who still owe money on a loan for a vehicle that has been repossessed or voluntarily surrendered may be able...
Making decisions about IVF embryos during a divorce
When Virginia couples decide that it is time to start a family, they may turn to in-vitro fertilization in order to conceive children that are biologically related to them. However, IVF can take a long time, and the stress of trying to start a family can potentially...
The financial challenges of the millennial generation
Much has been written about the financial challenges faced by members of the millennial generation in Virginia and around the country. The media often focuses on student loan debt when covering this issue, and studies have found that even millennials earning $75,000...
Most collection calls are for medical debt
Many people in Virginia have unpaid medical bills that have gone into collections. According to a recent study by the Consumer Financial Protection Bureau, more collection calls are made for unpaid medical bills than for any other type of debt. After medical debt, the...