Articles from Virginia Bankruptcy Attorney | Robert Weed

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Solving Your Debt Problems By Doing Nothing.

Submitted by Anonymous (not verified) on Wed, 05/04/2022 - 22:55

For some people on Social Security, Doing Nothing About Debt Problems Works Fine I tell a couple people a month there’s no reason to file bankruptcy. Most often older people who have no income except for social security. For them, there’s often no reason to file bankruptcy. Here’s why. People File Bankruptcy for Three Reasons […]

Colorado Bankruptcy Homestead Just Increased to $250,000

Submitted by Anonymous (not verified) on Sun, 05/01/2022 - 22:01

In Bankruptcy, Can I Protect the Equity in My House? Bankruptcy is set up by the Federal government, but each state sets its own rules on how much equity you can protect if you file Chapter 7 bankruptcy.  That protection is called your homestead exemption.  In April 2022, Colorado raised their homestead exemption from $75,000 […]

Penalties for Bankruptcy Fraud

Submitted by Anonymous (not verified) on Sat, 04/30/2022 - 22:48

April 2022 saw courts dish out two big penalties for Bankruptcy Fraud. In April 2022, over in the UK, former tennis great Boris Becker was sentenced to two-and-a-half years in prison for bankruptcy fraud: hiding $3 million in assets during his case. Becker had landed bankruptcy in the UK back in 2017, because of a […]

After Paying for Ten Years, Nina Got Public Service Student Loan Debt Forgiveness

Submitted by Anonymous (not verified) on Mon, 01/31/2022 - 01:18

After Paying for Ten Years, Nina Got Public Service Student Loan Debt Forgiveness There’s very little bankruptcy law can do to help people with student loans. But as a bankruptcy lawyer, I can at least give people good advice.   Since 2017, I started steering people who seemed eligible to Public Service Student Loan Debt […]

Alternatives to Bankruptcy: Credit Counselling Debt Management

Submitted by Anonymous (not verified) on Tue, 01/11/2022 - 00:33

Alternatives to Bankruptcy: Money Management Credit Counselling For high income people who can’t quite handle their debt, “credit counselling” can be an alternative to bankruptcy. Credit counselling services–the kind I’m talking about anyway–have agreements with the major credit cards on what payments they will accept through their program.  Professional and ethical standards for credit counselling […]

Stress and Your Heart

Submitted by Anonymous (not verified) on Mon, 01/10/2022 - 00:09

Stress May Be Your Heart’s Worst Enemy That’s a headline in today’s New York Times.   I pass that on because as a bankruptcy lawyer I see people defeated by the stress of debt’s they can’t pay.  Good people go for years dragging around bad debts they can’t pay, before they finally take advantage of the […]

Named A+ Again this Year By Better Business Bureau

Submitted by Anonymous (not verified) on Sat, 01/01/2022 - 22:18

I’ve been a member of the Better Business Bureau since 2003.
The post Named A+ Again this Year By Better Business Bureau by Robert Weed appeared first on Northern VA Bankruptcy Lawyer Robert Weed.

Debt Settlement or Chapter 13 Bankruptcy Which is Better?

Submitted by Anonymous (not verified) on Mon, 12/13/2021 - 16:18

Debt Settlement or Chapter 13 Bankruptcy: Which is Better? My friend Roberta knew she was in financial trouble, but she wanted to try pay her debts. Rather than file Chapter 13 bankruptcy, she signed up for a debt settlement company, who promised her a “customized reduction plan.”  Over 18 months she paid $23,673.00.  And the […]

Debt Blue or Bankruptcy Which is Better?

Submitted by Anonymous (not verified) on Mon, 12/13/2021 - 16:18

Debt Blue Debt Settlement or Bankruptcy: Which is Better?   Blog on Debt Blue Robert Paid them $23673.00 18 month Settled Chase $10,496 and Chase $9719
The post Debt Blue or Bankruptcy Which is Better? by Robert Weed appeared first on Northern VA Bankruptcy Lawyer Robert Weed.

Sports Gambling Comes to Virginia

Submitted by Anonymous (not verified) on Thu, 11/11/2021 - 22:27

Sports Gambling Comes to Virginia Like most people, I’ve noticed that ads for sports gambling have taken over the TV (at least on basketball and college football, which is about all the TV I watch.) Sports gambling was legalized in Virginia April last year and began in January 2021. Now in October and November, I’ve […]

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