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Bankruptcy Homestead Exemption in Virginia

When comparing bankruptcy exemptions here in Virginia versus those in Washington, DC, I cannot help but think of Charles Dickens’ opening line in his novel, A Tale of Two of Two Cities, “It was the best of times, it was the worst of times…,” as in, the best of times for Washington, DC and the worst of times for the Commonwealth of Virginia. As a bankruptcy lawyer located in Alexandria, … Read More →

Will I keep my home if I file for Bankruptcy in Virginia?

When people typically ask this question what they are really asking is: Can I file a chapter 7 bankruptcy case and wipe out all of my credit card/medical debt? After all, chapter 7 is the bankruptcy that allows you to have your cake and eat it too as they say. As in, wipe out all your unsecured debt and keep your stuff. So, what’s the answer? Well, … Read More →