Virginia families might face challenges after a divorce when one parent decides to marry another who has children. There are some things to consider when becoming a blended family.Finances are usually a complicated topic, so it is best to discuss expectations and...
Month: June 2017
Month: June 2017
Dismissed bankruptcies could be a concern when financing a car
On Behalf of Bowen Ten PC | Jun 28, 2017 | Chapter 13
People going through a Chapter 13 bankruptcy in Virginia should take care to implement their court-ordered plans or they could face difficulties in obtaining credit in the future. There are a number of auto lenders that handle loans to consumers with past bankruptcies...
Credit card debt expected to grow after interest rate hike
On Behalf of Bowen Ten PC | Jun 26, 2017 | Chapter 13
One sign that the Federal Reserve Bank believes that the American economy is recovering could also lead to much more expensive credit card debt for consumers in Virginia and across the country. For consumers with debt, including credit card debt, home equity lines of...
Handling finances before a divorce
On Behalf of Bowen Ten PC | Jun 20, 2017 | Divorce
For Virginia couples who are ending their marriage, the manner in which they should handle their finances with a divorce on the horizon may be a cause for concern. However, there are things they can do to prepare for the process.Advice regarding legal issues should...
High deductible health insurance and medical debt
On Behalf of Bowen Ten PC | Jun 20, 2017 | Chapter 7
More Virginia residents might be using a high deductible health insurance plan than they were five years ago based on a study conducted by the National Center for Health Statistics. The study defined "high deductible" as a plan with an average deductible of $1,300 for...
Downsides of credit card debt
On Behalf of Bowen Ten PC | Jun 6, 2017 | Chapter 13
Many Americans accumulate credit card debt at some point during their lives. The average amount of credit card debt in U.S. households is $5,700. This may not seem like a huge amount, but it can have long-term consequences that Virginia cardholders may need to be...
Bankruptcy ruling leads to confusion
On Behalf of Bowen Ten PC | Jun 5, 2017 | Chapter 13
Virginians who are considering filing for Chapter 13 bankruptcy might want to be aware of a recent Supreme Court decision that concerned the ability of debt collectors to file stale claims. The Supreme Court's ruling has confused attorneys around the country and may...
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