Bankruptcy Resources
What Should I Avoid Before Filing Bankruptcy in Virginia?
What Should I Avoid Before Filing Bankruptcy in Virginia? If you are considering bankruptcy, one of the most important things you can do is avoid making major financial moves before speaking with a bankruptcy attorney. People sometimes assume they should clean up...
Filing Bankruptcy in Virginia
Filing for Bankruptcy in Virginia: Common Reasons and the Basic Process Bankruptcy can provide financial relief for individuals and families who are overwhelmed by debt. In Virginia, people often file for bankruptcy to stop creditor harassment, prevent foreclosure or...
Debt and Relationships
Debt doesn’t just live on a balance sheet—it often seeps into the emotional fabric of a relationship. While money itself is neutral, the stress, expectations, and habits surrounding it can shape how partners communicate, trust, and plan their future together. One of...
Bankruptcy University Part 3
Is Bankruptcy Right for You? When People in Virginia Consider It Bankruptcy is often considered when: A person is overwhelmed by unsecured debts — credit cards, medical bills, personal loans — and sees no realistic way to repay them in the near term. Wage...
Bankruptcy University Part 2
Virginia-Specific Rules: What You Can Keep Because bankruptcy is federal — but exemptions (what property you get to retain) are often state-based — Virginia offers several protections to help debtors preserve basic assets and avoid losing everything. Under Virginia...
Bankruptcy University
What is Bankruptcy — And Why It Matters Bankruptcy is a legal procedure governed by federal law (the U.S. Bankruptcy Code) that allows individuals (or businesses) to get a fresh start when they are overwhelmed by debts. In broad terms, bankruptcy can: Stop creditors...
Two Ways Your Credit Score Tricks You
Before Bankruptcy, There Are Two Ways Your Credit Score Tricks You Are you worried about what bankruptcy will do to your credit score? Your credit score is the tool the banks and credit card companies use to trick you into paying them, even when you can’t afford it....
Chapter 7 Income Eligibility Changes
Chapter 7 income eligibility got slightly easier on April 1, 2025 If you are making less than the median income, you have income eligibility to file Chapter 7 bankruptcy. Those eligibility numbers adjusted up, April 1, 2025. For Virginia, eligibility is automatic for...
Why is Bankruptcy Better for Your Credit Score
Why is Bankruptcy Better for Your Credit Score than “Debt Consolidation” “Now I can’t even rent an apartment.” Sam, not his real name, talked to us last month about filing for bankruptcy. He’d been trying to “resolve” his debts through one of the newer debt settlement...