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Chapter thirteen bankruptcy is the next most typical sort of submitting, and it requires you to pay for a share of Everything you owe on the court in excess of a duration of a few to five years.

This depends completely about the details within your unique circumstance. For those who have an honest volume of stable cash flow, and a great deal of non-exempt residence which you do not need to aspect with, Chapter thirteen could possibly be the best option for you. If most of your house is exempt, and you do not have Significantly stable revenue, Chapter seven could possibly be the best choice.

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This is certainly attained as a result of a spread of continuing legal schooling and social features. Yearly part dues are $twenty five As well as currently being a member in the Richmond Bar Association.

This also signifies that the other is real. A debtor simply cannot file a Chapter thirteen system to get a family with no profits mainly because there is no way to produce often scheduled system payments. Request a Richmond, VA Bankruptcy Attorney for more information.

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I am certified to observe law in the commonwealth of Virginia. I'm a native Virginian And that i attended highschool at Lake Braddock. I graduated cum laude from the University of South Carolina where by I gained a bachelor’s degree majoring in prison justice. I then graduated within the University of Richmond School of Law.

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I wrote the book, "The Truth About Bankruptcy in Virginia" as being a client guidebook into the quite Principles of bankruptcy, and to aid people with building knowledgeable decisions with regards to their economical foreseeable future. Many of us who would benefit from submitting pick out never to as a consequence of preconceived notions or lousy information.

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