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....

Life for people in Virginia does not always go according to plan. There are many unexpected events that can cause people’s lives to go into a very different direction. People may lose a job, suffer a major injury, develop a disease or have a family member go through a...

Debt is a problem that can affect anyone. Whether a person has a substantial income or a modest one, unexpected life events can throw off one’s ability to meet their financial obligations. When a Virginia resident cannot manage the payment of their bills and finds...

Virginians often have to turn to financing to accomplish their goals in life. Whether it is buying a house or a car, going on vacation, or even paying other debt like medical expenses, many individuals have to take out one or more of a variety of loans to ensure they...

Financial difficulties can befall individuals of any age or economic class. The sudden loss of a job, the onset of an unexpected medical condition, or other major life events can throw an individual into financial despair. These individuals may struggle to get by,...

Payday loans were once a popular option for individuals in Virginia looking to bridge the financial gap between a difficult financial situation and their next paycheck. On its face, the intent behind these loans seemed fair. After all, businesses providing these loans...

A lot of Virginians find themselves financially struggling at one point or another. While many of these individuals are able to climb out of debt or easily manage it, others find themselves completely overwhelmed. While many people in the latter category make an...

Health care has been a focus of the political world for decades. With the passage of the Affordable Care Act in 2010, many were hopeful that more Americans would be able to obtain the medical care they needed at a fair price. Sadly, though, a recently released study...

A vast portion of the population is struggling to find a way to cope with student loan payments. Some of these individuals feel cheated, since they felt that higher education was necessary to achieve a better financial outlook, only to be saddled with burdensome debt...