Divorced parents in Virginia can work together for the long-term well-being of their children. Part of this is helping them successfully meet challenges they face, such as starting a new school year. Divorced parents can do this by working as a team when determining things such as what they want their child to get out of the school year.
Common mistakes that delay or derail bankruptcy filings
Debtors in Virginia understand that filing for bankruptcy might relieve their debt burdens and help them regain control of their financial lives. Although thousands of people approach bankruptcy courts every year in the state, the process requires careful attention to detail. Incomplete financial disclosures and skipping credit counseling frequently causes delays in bankruptcy cases or gets them thrown out of court altogether.
Survey says average Gen Zer owes more than $4k in debt
Debt isn't only a serious problem for older generations in Virginia. According to a survey of 2,000 young adults by a leading bank and brokerage firm, individuals ranging in age from 16 to 20, referred to as Generation Z, have an average debt of just over $4,300. Their young millennial counterparts, who range in age from 21 to 25, have an average debt of nearly $12,000, which is largely fueled by college loan and credit card debt.
Yes, You Can (Probably) Visit Your Child at School
By: Britney McPheron, associate attorney at Bowen Ten Cardani
The differences between types of child support cases
Parents in Virginia may find the topic of child support to be somewhat confusing as there are multiple ways payments can be arranged. However, the different types of child support cases are necessary as they are needed by the government to keep track of the children and families that require the extra financial support.
Understanding the child support system
Newly divorced parents in Virginia may be confused about the different types of child support cases that exist. While some exes handle child support privately by paying it directly to the custodial parent, others pay child support through a state system. The type of child support case determines how the payment is handled; the most common types are called IV-D, IV-A, IV-E and non-IV-D.
6 Tips For Working with Your Child's Guardian ad litem
Student loan debt could lead to divorce
In Virginia and across the country, much attention has been paid to the social issues that surround the nation's growing student loan debt. Young people are particularly affected by educational debt and are graduating from college and university with larger burdens than in the past. The average student loan debt across the country is $34,144, but graduates of the class of 2017 owe an average of $39,400 in educational debt. While many have discussed the effects that these substantial debt burdens have on the choices that young people make, the effects can move far beyond career decisions and financial management.
