How are Assets Divided in a Divorce in Virginia?

How are Assets Divided in a Divorce in Virginia?

Divorcing couples in Virginia frequently clash over dividing marital assets and debts. If the couple cannot agree on the matter between themselves, a Virginia court judge will decide it for them. The division of assets and debts during divorce is costly and time-consuming. For these reasons, many couples sort out their issues through agreement. Most couples, however, fail to recognize …

divorce and separation

Financial Disclosure In A Virginia Divorce

One of the most important requirements of the divorce process is full financial disclosure by each spouse. Whether or not you are the one filing for divorce or whether your divorce is contested or uncontested, you will need to reveal to attorneys or the court the details of your individual financial situation. This disclosure is vital for both parties because …