When Virginia couples get a divorce and one person has to pay child or spousal support to the other, the court will take several factors into account in determining the amount. In addition to the regular salary a person earns, a court will look at other types of...
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Month: May 2019
How to determine spousal support amounts
In many divorce cases in Virginia, spousal support is among the final issues to be resolved. This is because the parties to a divorce need to split assets and otherwise determine what resources each person will walk away from the marriage with. At that point, talks...
Steps to protect credit scores during a divorce
Divorce involves the separation of financial lives. Although this process does not necessarily damage the credit scores of estranged Virginia couples, it could result in financial distress and damaged credit records. Jointly held credit accounts, like mortgages or...
Study looks at attitudes toward stay-at-home mothers in divorce
More than 25% of American mothers with kids younger than 18 do not work outside the home. For fathers, that figure is 7%. When stay-at-home mothers in Virginia get divorced, they are entitled to an equitable amount of marital assets. This raises an issue about how to...