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Tag Archives: divorce

Divorce and your Credit Score

Divorce and Your Credit Score

By Buck, Toscano & Tereskerz, LTD. |

Thousands of people get divorced every year in Virginia. Whether you are planning to file for divorce, have already filed, or are about to finalize a divorce, you need to understand how this process will affect your credit score. For the most part, the divorce process itself will not directly affect your credit score…. Read More »

New Child Support Guidelines

By Buck, Toscano & Tereskerz, LTD. |

New Child Support Guidelines have taken effect and could make a big difference to clients. As the Delegate to the Virginia General Assembly from the 57th House District and a family law attorney, I was pleased to support the passage of the new Child Support Guidelines that took effect July 1, 2014. There have… Read More »

Changes in Virginia Divorce Law

By Buck, Toscano & Tereskerz, LTD. |

In response to the Supreme Court decision in Gilliam v. McGrady, the General Assembly amended Virginia Code §20-107.3 (the equitable distribution statute) to include definitions for classifying debt as either marital or separate debt, similar to the process used for classifying property as marital or separate. Ironically, the amendments do not provide statutory guidance… Read More »

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