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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 »

social media impact on your divorce case in Virginia

Social Media Impact on Divorce

By Buck, Toscano & Tereskerz, LTD. |

When discussing issues like child custody, property division, and spousal maintenance, there is a good chance that emotions will run high. To get one’s way on these issues, your spouse may dig deep to collect evidence against you highlighting the fact that a judgement should be issued in their favor. One type of evidence… Read More »

economic cost of divorce

The Economic Cost of Divorce

By Buck, Toscano & Tereskerz, LTD. |

Not only is divorce an emotional decision that can have far-reaching effects on one’s psyche, but it is also a costly decision in terms of economic health as well. Indeed, getting a divorce is an expensive process, and the effect on one’s financial picture may not end once the divorce is finalized. The Impact… 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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