News

A new Federal Reserve report shows that Americans are having a harder time with rising debt, especially credit card debt.

Credit card delinquencies surged more than 50% in 2023 as total consumer debt swelled to $17.5 trillion, the New York Federal Reserve reported on February 6th, 2024.

Americans now owe a collective $1.13 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Are you struggling with credit card debt? Call Boleman Law Firm, we will help you!

The New York Federal Reserve reported in its latest quarterly Household Debt and Credit Report that total household debt climbed by $212 billion in the fourth quarter of 2023 to $17.5 trillion. Amid the rise in debt, delinquency rates and the transition into troubled status were both higher.

Boleman Law Firm, P.C., Virginia’s largest consumer bankruptcy law firm and Consumer Litigation Associates, P.C. (CLA), a nationally recognized leader in consumer advocacy based in Virginia, announced today a strategic partnership to improve the protection of consumer rights for Virginians who are going through or have gone through bankruptcy.

Boleman Law Firm is proud to announce that John Bollinger and Patrick Keith have been recognized in the 2024 The Best Lawyers in America list.

As foreclosure rates rise, many are feeling the pressure. If you are behind on your mortgage, you don’t need to be afraid of losing your home. Boleman will help you!

Consumer debts, as well as interest rates, continue to rise. Are you feeling the pinch of increasing debt, as well as costs of living?  Call Boleman Law Firm, we will help you!

Credit card debt has hit an all-time high. Are you one of many Americans who have had trouble paying down their credit card bill?

You don’t have to continue to feel stressed, Boleman Law will help you!

Recently, identity thieves were able to exploit a weakness in Experian’s security on their website. This oversight allowed identity thieves to access an unknown amount of credit reports for consumers.

Surging electricity prices spur the worst-ever crisis in late utility payments.

Are you behind on your power bill, or has your utility service been shut off? Bills for essential services like utilities can skyrocket, leaving you feeling like you’ll never catch up.

Everyone should be aware of potential student loan scams. There are predatory companies and individuals seeking to capitalize on confusion over student loan repayment and forgiveness statuses. Always contact your lender directly and avoid providing personal information to unknown callers.

Millions of folks are finding themselves stretched thin trying to pay their regular living expenses and meet their minimum monthly loan and credit card bills.

Recently, Boleman Law’s Matt Hahne appeared on 3WKTR’s Coast Live segment to talk about how bankruptcy can relieve financial stress.

As state relief programs expire and landlords are starting eviction processes, please be aware of your rights and options as a renter. You may have the option to pay back your rent arrears through a bankruptcy case and enable you to stay in your home.

Medical debt can be one of the largest and most unexpected kinds of debt. Many people don’t know that medical debt is dischargeable in bankruptcy. Boleman Law will help you get out of the “medical debt doom loop” and get back on your feet.

Contact us today for a free consultation.

Recently, Boleman Law’s Kathryn Shaw appeared on 3WKTR’s Coast Live segment to talk about various options available to homeowners who are struggling to pay their mortgage as COVID19 forbearance restrictions end.

Consumers are paying more for everything, including the essentials, across the US. As prices rise and the median income falls, families will be greatly affected by mounting debt.

Boleman Law attorney Matt Hahne recently appeared on 3WTKR Coast Live to talk about debt collections, garnishments and bankruptcy.

Recently, Boleman Law’s Matt Hahne appeared on 3WKTR’s Coast Live segment to talk about the importance of contacting a bankruptcy lawyer early.

Boleman Law will help you if you are behind on rent payments, you have received an eviction notice or are in the process of losing your residence.

Recently, Boleman Law attorney, Matt Hahne appeared on Coast Live to talk about the options people have when it comes to financial issues and the reopening of the economy after COVID19 closures. Banks will resume starting foreclosures and repossession of vehicles.

In April, Boleman Law attorney, Matt Hahne appeared on the Hampton Roads Show to talk about financial health during a crisis. During his appearance, Matt Hahne highlighted the two trillion dollars economic stimulus package released by the U.S. federal government.

Boleman Law attorney Matt Hahne spoke to 13News Now Connect about the financial strain COVID-19 has put on people’s lives and how creditor’s collection efforts have not stopped. Hahne advises calling a bankruptcy attorney right away before liquidating any assets or getting into more debt to counteract creditors.

Boleman Law attorney, Matt Hahne, recently appeared on Wavy10 News to discuss his belief that a rise in personal bankruptcy filings will happen in the fourth quarter of 2020. Hahne is looking to history for an indication of what’s to come. The American Bankruptcy Institute reports while personal bankruptcies are down, Chapter 11 filings — that is, big businesses bankruptcy filings — increased 26 percent last month.

Boleman Law is proud to announce that our President, Laura Alridge has been named among the 2020 Influential Women of Law by Virginia Lawyers Weekly.

What does the March 2019 decision from the Fourth Circuit Court of Appeals in Hulburt v. Black mean for you? How does it affect your Chapter 13 bankruptcy? Find out what Kathryne Shaw has to say!

Boleman attorney Matt Hahne appeared on Coast Live to discuss the dangers of filing for bankruptcy without appropriate counsel, what is called a pro se filling. Further, Hahne talks about the difference a bankruptcy lawyer makes when filing for bankruptcy and protecting you from breaking any federal laws.

The Virginia General Assembly voted to end the Commonwealth’s policy of suspending drivers’ licenses for unpaid court fines and fees. This new policy has been in effect since July 1st, 2019, and is retroactive for approximately 627,000 Virginians. We see suspended licenses due to unpaid court fines and fees very regularly, so this policy will have a big impact on our current and future clients.

Boleman Law is proud of its representation by John Bollinger in this year’s American Bankruptcy Institute’s Winter Leadership Conference in Scottsdale, Arizona, on Friday, December 7, 2018.

Boleman attorney Matthew Hahne appeared on Coast Live to discuss the dangers of DIY bankruptcies, also known as pro se filing of bankruptcy. Learn more about the challenges and failure rates of pro se bankruptcy filings.

What are the concerns after the Supreme Court’s ruling in Henson v. Santander Consumer? Could it affect you? Find out what John Bollinger has to say here!

Tax season is upon us and Matthew Hahne sits down with Coast Live to talk about this stressful time. Could bankruptcy be an option?

Supreme Court ruling still allows stripping underwater second mortgage in Chapter 13 bankruptcy.

Military and government personnel are concerned that filing bankruptcy may negatively impact their security clearance and their jobs — even when a superior instructs them to file. Here are some guidelines.

Free Tax Preparation & Earned Income Tax Credit (EITC) information

If paying for a bankruptcy has been preventing you from moving ahead, we can discuss options to make it affordable.

Boleman Law attorneys and professionals deliver free, entertaining, life changing personal finance management classes and seminars through a wide variety of community organizations.