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Dealing with prolonged periods of stress is not easy, and it is not uncommon for people in Virginia to turn toward consumer vices for comfort. While this is understandable and not even necessarily a bad thing, extra spending can eventually get out of control. Extra debt can further complicate stressful periods, too. It is often...

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...

If you are struggling to pay your bills, whether due to a job loss, medical emergency or other reason, one of the first things you might fall behind on is your mortgage payment. Your mortgage probably is the single largest bill you pay each month. Without the funds to meet your obligations, you have to...

If your finances are in shambles and you’ve tried everything to dig your way out of trouble, it may be time to learn more about Chapter 7 bankruptcy. It’s a last resort for many individuals, but once you learn more you may come to find that it’s just what you need. Understanding the benefits of...

Debt is a bear. For many Americans, these financial struggles are not uncommon. Unemployment, divorce, medical issues, reckless spending, or business struggles, among other unique situations, can lead to crippling debt that, if left unattended, can turn life upside down. One increasingly common and welcomed choice to rid yourself of these debts is personal or...