HomeAuthor Chelesea L. Vaughan

Even if you feel like you are drowning in debt, filing for bankruptcy is probably not your first choice. You may have several misconceptions about what this process could mean for you and your future, and these fears may keep you from moving forward with steps that may be beneficial for your situation. If you...

There are few things in life quite as overwhelming as having too much debt and too little income. While it might feel like it is impossible to get out of this cycle, bankruptcy offers a proven path toward financial stability. Fears over having to give up personal property might be holding some people in Virginia...

Running a profitable business might be easier said than done, especially when debts keep piling up. Having too much debt is not the end of the road for Virginia business owners, though. Instead, it is possible to not only stay up and running but to ultimately become profitable through the process of filing for Chapter...

No matter how hard some people work to get ahead of their debt, they always seem to end up back where they started — or even worse. Despite this, many people either do not consider bankruptcy or immediately rule it out, perhaps partly because bankruptcy is still a misunderstood and even stigmatized process. This means...

After graduating from college, you might have thought that paying off your student loans would be challenging but doable. Yet, like many recent graduates, you might have struggled to find a stable job and have been unable to repay them. Doing so in full may seem impossible at this point – especially if you have...

Most Virginia consumers use credit cards, but some rely on them heavily, ultimately finding themselves with unmanageable balances. A few missed payments, a habit of only making minimum payments each month and accumulating interest can result in problematic credit card debt. An overwhelmed cardholder may look for ways to deal with problem and find a...