Bankruptcy and Divorce If you have more debts than assets and you feel like you’re drowning, it may be that divorce shouldn’t be your first thought. Let’s break it down a little bit. Because, of course, financially, divorce CAN help, especially if there are some issues (like his general extravagance) that you want to get out from under. But what is divided in divorce, and how can it help your overall financial picture? How are debts divided in divorce? Typically, debts that were incurred … [Read more...]
What are my Virginia divorce rights?
Probably the question we get the most often, both in our initial consultations and at our Second Saturday seminars is this one: What exactly are my rights? It’s a vague question, and it isn’t one that has a simple answer, but I’m going to do my best to provide you as good of an answer as I can. I think the question most women are really getting at is “what am I entitled to receive?” or “what will I get in my divorce?” which is a little bit different. Still, I’m going to try to answer all … [Read more...]
