People in Virginia who have filed for bankruptcy or who are considering filing for bankruptcy might wonder if they can still buy a house afterward. It is possible to purchase a home after bankruptcy, although certain conditions must be in place for this to happen.
When divorce is better for the children
Virginia parents who are concerned about how separation will affect their children might wonder if they should postpone a divorce. In some cases, it might be better for the children if the parents stay together. In other cases, however, divorce is still the best choice.
Chapter 13 bankruptcy and 401(k) deductions
Virginia residents who are filing for Chapter 13 bankruptcy can exclude 401(k) deductions when they are calculating their disposable income for their bankruptcy payment plan, even if the contributions were not made during the six months preceding the bankruptcy. This is according to an Oct. 30 ruling by an Illinois bankruptcy court.
How immigration status impacts abuse victims
Domestic abuse victims may feel like they are unable to speak out about their experiences. For victims in Virginia or elsewhere who are immigrants, they may feel even more apprehensive about reporting their abuse. This is because they may not understand how the legal system works or have any family in the country. They may also come from countries where cultural attitudes about abuse cause them to stay quiet.
Age, education and employment all factors in divorce risk
Virginia couples who have a 10-year age gap may be more vulnerable to divorce than spouses who are closer in age. This is one of many findings of studies that examine the likelihood of divorce. Couples who marry as teenagers or after the age of 32 are also more likely to divorce than those who marry in their late 20s.
Getting married in one's 20s may result in divorce
Some Virginian residents choose to marry while they are young. People who get married when they are in their 20s may end up getting divorced before they reach age 30. People who are young might want to take time to make certain that they are ready for marriage before doing so.
