Filing for Chapter 7 bankruptcy or Chapter 13 bankruptcy is a big step. It is not something you should do lightly before getting all the facts. Which form of personal bankruptcy is right for you? What is the process like, and what long-term effects should you expect?...
Month: July 2020
Considering the benefits of personal bankruptcy
Most Virginia residents who are struggling with seemingly insurmountable debt look at every option to attempt to address the problem. Many people have thousands of dollars in credit card debt, for example, so they look to consolidate the debt on a low interest credit...
The different types of trusts and how they help estate plans
Trusts are a valuable estate planning tool that may sometimes be less understood than other estate planning tools. As a consequence, estate planners should understand the different types of trusts and how they can help them. Trusts manage the property of the estate...
Starting a conversation with your parents about their estate plan
Your expectations for the future can drastically change at a moment’s notice. This can make it difficult and even uncomfortable to plan for the future you cannot predict. While the world is always changing, there is something that you can be comfortable knowing – your...
Life after bankruptcy
Filing bankruptcy of any kind is often a hard pill to swallow for many. Generally, by the time a person has made up their mind to file, the debt battle has been fought for many hard years. Whether due to unforeseen circumstances, bad choices, or some catastrophic...