On Behalf of Bowen Ten Long & Bal, PC | May 31, 2018 | Bankruptcy
According to a recent study, the delinquency rate on store-branded credit cards is spiking. The study indicates that the delinquency rate consumers in Virginia and throughout the country are facing is currently at a seven-year high. This could be bad news for...
On Behalf of Bowen Ten Long & Bal, PC | May 29, 2018 | Family Law
Divorced parents in Virginia who get remarried should be aware of how a new marriage may impact the child support they are receiving or have to pay. Depending on the situation, there are certain legal actions that may be necessary to take. Child support is a legal...
On Behalf of Bowen Ten Long & Bal, PC | May 23, 2018 | Family Law
There is a perception among many in Virginia and throughout the country that custodial parents receive too much support. However, this isn't necessarily the case. According to the January 2016 version of the Custodial Mothers and Fathers and Their Child Support...
On Behalf of Bowen Ten Long & Bal, PC | May 15, 2018 | Divorce
Marriages in which both people work and make similar incomes are more common than they were in the past, but there are still many couples who start their marriages with a more traditional arrangement in which the husband earns most of the money. However, Virginia...
On Behalf of Bowen Ten Long & Bal, PC | May 14, 2018 | Child Custody
Noncustodial parents in Virginia can face negative consequences when they fail to pay child support on time. For instance, they could experience financial problems, strained relationships with family members and the possibility of going to jail. In many cases, those...
On Behalf of Bowen Ten Long & Bal, PC | May 10, 2018 | Bankruptcy
Virginia residents had an average of $7,161 in credit card debt in 2017. This was according to a report from Experian that looked at how Americans used their credit cards. The national average was $6,354 person, and Alaska had the highest average balance at $8,515....
On Behalf of Bowen Ten Long & Bal, PC | May 7, 2018 | Bankruptcy
From its location in Virginia, the U.S. Court of Appeals for the Fourth Circuit has overturned a lower court decision about stripping liens in Chapter 13 bankruptcy cases. The appeals court ruled that no proofs of claim were necessary to strip a wholly unsecured...
On Behalf of Bowen Ten Long & Bal, PC | May 3, 2018 | Bankruptcy
While Virginia residents may be enjoying the benefits of a strong economy, that strength could be partially because of increased credit card spending. According to the New York Federal Reserve, household debt was $13.15 trillion in the final quarter of last year. Most...
