Bankruptcy Discharge and Debts Incurred in Connection with a Divorce
A common question among those who are contemplating bankruptcy is whether certain debts incurred in connection with their prior divorce are dischargeable in either a Chapter 7 or Chapter 13 bankruptcy. Often times, a divorce can end with one or both parties having liability to pa... more...
Homestead Exemption and Bankruptcy in Virginia
The Homestead Exemption in Virginia can be found in section 34-4 of the Code of Virginia. The exemption allows a lifetime maximum of $5,000 per person with an addition $500 per dependent. If the debtor is over the age of 65, they may claim an additional $5,000. This exemption can... more...