When putting a plan in place it is always important to be aware of the current Federal gift and estate tax exemption levels. Under current federal gift and estate tax laws, each year the U.S … [Read more...]
Child Support: What Constitutes Income?
posted on July 19, 2022
In Virginia, the Virginia Child Support Guidelines are used to determine the amount of child support in many cases. One of the many factors that are taken into account in determining … [Read more...]
The Great Auto Bubble, Repossession & How Chapter 13 May Help
posted on July 17, 2022
In 2020 and 2021, consumers’ incomes were temporarily high as the pandemic brought about debt forbearance, pandemic stimulus checks, enhanced unemployment benefits, and, in some cases, forgiven loans … [Read more...]
Reckless Driving in Virginia: High Speed Reckless Driving
posted on July 13, 2022
Over the past two years, jurisdictions in Central Virginia have seen a sharp increase in high speed reckless driving cases. Numbers like 140 mph on the highways of central Virginia were never seen, … [Read more...]
Bankruptcy Filing Often Follows Attempted Debt Consolidation
posted on July 6, 2022
Debt consolidation is one strategy to pay debt (credit cards, medical bills, personal loans, business debts, civil judgments, etc.) and works by placing all of the existing balances on one loan. It … [Read more...]
Chapter 7 Bankruptcy Trustees Receive Fee Bump
posted on July 6, 2022
Chapter 7 Trustees are receiving a fee increase. Bankruptcy courts will begin processing an additional $60 per case payment to eligible chapter 7 bankruptcy trustees for applicable cases filed or … [Read more...]
Top Five Notary Problems We See When Reviewing Legal Documents in Virginia
posted on June 27, 2022
It is very common in the legal and financial worlds for signature documents to require a notary certification. A notary is a public official who acts as an unbiased witness to the identity the … [Read more...]
Restrictive Covenants and How They Control Your Ownership of Real Estate
posted on June 21, 2022
A person's home is their castle is a common phrase - with the connotation that a person has to a right to do what they want with their real property. While true in many respects, … [Read more...]
Proper Entity Registration with the SCC is Paramount for any Business. Period.
posted on June 14, 2022
Can you imagine going through years and years of litigation, finally winning your case after a lengthy trial - only to learn that you are denied your judgment because your company was never properly … [Read more...]
Tax Debt? Know the Difference Between Chapter 13 and Chapter 7 Bankruptcy
posted on June 6, 2022
Owing the IRS is never pleasant, but with a stubborn high inflationary period settling in, it may be an option to deal with your tax debt in a bankruptcy. Fortunately, it is possible to discharge … [Read more...]
