In 2012, a study found a surge in divorce among adults who were 50 and older. This age group was divorcing at twice the 1990 rate. Dubbed "gray divorce", researchers say the phenomenon has not slowed, and they have identified several factors that may contribute....
Why couples might need a prenuptial agreement
On behalf of Bowen Ten PC | Sep 18, 2018 | Divorce
The conversation about getting a prenuptial agreement can be a difficult one, but it can also be an important document for protecting people financially. A prenup may be particularly important for people in Virginia who are going into a second marriage. If one person...
Understanding bankruptcy and why people file
On behalf of Bowen Ten PC | Sep 17, 2018 | Chapter 13
When most people in Virginia hear about bankruptcy, the first inclination is to think of it as an action taken by a failing business. While some businesses buried in debt do explore this option, bankruptcy is also becoming an increasingly common step taken by...
Why divorce doesn’t get easier with age
On behalf of Bowen Ten PC | Sep 10, 2018 | Divorce
Children of divorce in Virginia and throughout America are more likely to get divorced themselves. However, it doesn't mean that they will get divorced or that it makes ending a marriage any easier. Since 1990, the divorce rate for older Americans has gone up while it...
Valentine’s Day weddings linked to higher divorce rates
On behalf of Bowen Ten PC | Sep 5, 2018 | Divorce
When couples in Virginia think about setting the date for their weddings, divorce may be the last thing on their minds. However, according to research conducted at the University of Melbourne, there is a correlation between the choice of wedding date made by a couple...
The facts of missing credit card payments
On behalf of Bowen Ten PC | Sep 4, 2018 | Chapter 13
More than $23 billion in credit card debt is 30 days or more overdue in Virginia and across the U.S., according to a report published by finance site NerdWallet. Missing credit card payments triggers late payment fees, and falling 60 days or further behind might mean...
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