Worrying about money is the worst. When you’re not quite sure how you’re going to pay your bills, keep a roof over your head, provide for your children, save for retirement, hire a divorce attorney, and put food in everyone’s bellies, it’s a concern. Not to mention all the little extras that come up, and how uncomfortable it is to have to say no to invitations and social stuff because you honestly don’t have the money to pay for it. And, of course, this time of the year, we’re heading into … [Read more...]
How is debt divided in Virginia divorce?
Everything gets divided in divorce---including the debt. If you really think about it, it’s not all that surprising. If you get half the dishes and he takes half the dish towels, certainly at some point you’re going to start talking about that Sears card. Or the line of credit that helped you renovate your kitchen. Or the loans on the cars—that you refinanced to help pay for the downstairs guest bathroom remodel. The average American carries a staggering amount of debt. From student loans to … [Read more...]
