Dec. 9, 2021
If you have filed for bankruptcy before, you might wonder how long you must wait to file again — or if you are even allowed to do so. In fact, many people mistakenly think it is not possible to file for bankruptcy more than once.
Read MoreSept. 29, 2021
In March 2021, a student debt relief scam in Virginia resulted in the Equitable Acceptance Corporation paying some 700 residents $40,000 in restitution and canceling $50,000 in debt.
Read MoreJuly 6, 2021
According to statistics from The American Bankruptcy Institute, there were 16,517 total business and non-business bankruptcy filings in Virginia in 2020. When experiencing financial hardship, filing for bankruptcy may be a potential solution to remedy your financial situation. With so much misinformation out there, someone thinking about bankruptcy can easily make irreversible mistakes without detailed counsel or experienced representation.
Read MoreJune 4, 2021
If you have a federal student loan, the government is currently forgiving all loan payments, foregoing collections on defaulted loans, and applying a 0% interest rate dating back to March 13, 2020, due to the COVID-19 pandemic. The program is slated to run through September 30, 2021, but you may be wondering — are there other means to get relief from your student loan obligations? Programs do exist, but so do many misconceptions about what is and isn’t possible.
Read MoreApril 29, 2021
Nearly 11,000 Chapter 7 and 13 bankruptcies were filed in Virginia in 2020. Per capita, Virginia ranked 14th among all states in the number of bankruptcy filings. This means that by the end of 2020, almost 11,000 people were wondering how bankruptcy would affect the rest of their lives.
Read MoreApril 12, 2021
Are you thinking about filing for bankruptcy? If so, you will likely have done some research on the topic. Unfortunately, there are a number of myths out there surrounding bankruptcy that are not only untrue, but mislead people into thinking that bankruptcy isn’t a viable debt relief option.
Read MoreMarch 2, 2021
According to statistics compiled for 2019, Virginia had a bankruptcy filing ratio of 2.7 persons per 1,000 residents, with a total of 23,071 filings that year.
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