Many Virginia residents are watching their finances begin to spiral out of control, and if you are among them, you may be seeking a way to give yourself a fresh start. You may have heard that debt consolidation may help you lower monthly payments or streamline the...

You feel that filing for bankruptcy in Virginia represents the most favorable way to resolve your current financial woes. Before you file, you want to get a head start on your financial recovery.  Forbes offers tips for bouncing back from bankruptcy. Know which steps...

Your home is probably your most important asset, not just in monetary terms but because it is where you and your family live. If you are fighting significant debt problems, filing for Chapter 13 bankruptcy protection may be the solution—and you would be able to keep...

Filing for bankruptcy does not mean you lose all your possessions. Virginia allows residents who file for bankruptcy to take certain exemptions for assets that the court will not seize to repay debt. These are the most common bankruptcy exemptions to know about in...

If you are struggling with overwhelming debt, you are not alone. According to one report, around 14% of U.S. households owe more in unpaid debts than what own. However, each year less than 1% of these households address their financial issues by filing for bankruptcy....

When a resident of Virginia begins the bankruptcy process, one of the first terms they encounter is “exemptions.” Exemptions are certain kinds of property that have been designated by the state legislature as beyond the reach of creditors. In other words, exempt...

Consumers in Virginia and elsewhere tend to reach for their credit cards when it comes to paying for goods. While this can be beneficial when finances are good, as it can help with making large purchases or collecting rewards points, when an individual is going...

There are a variety of scenarios in which taking on certain forms of debt may seem like a part of life, and in some cases, these obligations may pose little threat to your financial stability. The tricky part could be finding ways to keep a manageable monetary load...

Financial woes can hit at any point. In many cases, they are unexpected. An individual is navigating a difficult time and is no longer able to keep up with regular bills. Credit cards are relied on to get through each passing month, and before they know it, they are...

Virginia residents struggling with various debts may decide to go down the bankruptcy route to have their debts discharged. Before making the decision that could effectively help them regain control over their financial life, it is important to understand what certain...