Roanoke Legal Issues Blog

Credit card interest rates up in the U.S.

A trend has been happening here in the U.S. lately that credit card users may not be thrilled about. This trend is a general increase in credit card rates.

According to a recent report, the current average interest rate for credit cards in the U.S. is 17.01 percent. One year ago, it was 16.15 percent. Two years ago, it was 15.22 percent.

Preparing children for the changes and impact of divorce

Any married couple who decides to split up knows the process of a divorce will bring a lot of changes to their lives. For parents, the considerations increase tenfold as you are accountable for not only your life but the lives of the children involved as well. Major life changes such as divorce can burden and potentially harm a child’s mental and emotional stability, so as parents it is important to work to lessen these consequences.

As you and your soon to be former spouse to share the news of a divorce with children, consider some preparations and cautions you can take to ensure their wellbeing during this time. There is no prefixed guideline for every family to follow, but there are some general tips to keep in mind as you prepare for life during and after a divorce.

The Importance Of Reputable Bankruptcy Assistance

Bankruptcy plays an important role in restoring the financial independence of people across the country. Unfortunately, some non-attorney advisers attempt to exploit that importance for their own benefit.

Finding a reputable bankruptcy provider is extremely important. This importance is highlighted by the recent bankruptcy court decision punishing an unscrupulous bankruptcy provider in Chicago. The U.S. Bankruptcy Court for the Western District of Virginia sanctioned Law Solutions Chicago (doing business as the inaptly-named "UpRight Law"). The sanctions totaled more than $300,000 against the attorneys and its bankruptcy filing privileges were revoked. 

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