Blog

Jan. 27, 2022

When experiencing financial distress, filing for bankruptcy is among the promising options to achieve debt relief and restore your financial health. Depending on the bankruptcy chapter you are petitioning for, you might lose your unnecessary luxury items. However, for the most part, your retirement accounts – including 401(k) and other qualified retirement accounts – will be protected in the bankruptcy case.

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.

Nov. 30, 2021

Oct. 12, 2021

Sept. 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.

Sept. 8, 2021

July 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.

June 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.

April 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.

April 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.