When a person in Virginia is going through Chapter 13 bankruptcy, a cramdown may be part of the process. This is an externally imposed bankruptcy plan that does not have the support of all creditors. Bankruptcy A person that goes through Chapter 13 bankruptcy is...
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Facts about Chapter 13 bankruptcy in Virginia
If you are struggling with debt, you may be considering filing for bankruptcy. Chapter 13 bankruptcy is one of the most common types of bankruptcy filed in the United States, and it can help you get a handle on your debt. What is Chapter 13 bankruptcy? Chapter 13...
Bankruptcy not an option for those working in cannabis industry
Recreational marijuana is legal in many states, although not yet Virginia, but medical marijuana is in fact legal in the Old Dominion. However, if you earn any kind of income, even if it’s indirect, from the cannabis industry, you might be banned from filing for...