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Feb 2014

Herndon Bankruptcy Lawyer Information

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Looking for a top-rated bankruptcy lawyer in Herndon, VA?

Let’s stop the phone calls ASAP and clear the debt.  You can eliminate the stress and take control of your life again.

I’m Herndon Bankruptcy Lawyer Robert Weed. You’ll like our friendly service with a smile.

For twenty years, I served people in Herndon from my bankruptcy lawyer office in Sterling, VA. I moved my Sterling office to Herndon June 15, 2018.

My new Herndon bankruptcy lawyer office is 13800 Coppermine Rd, Herndon, VA 20171.

Herndon Bankruptcy Lawyer Office

My new Herndon Bankruptcy Lawyer Office is at 13800 Coppermine Rd, Herndon.

It Costs a Lot to Live Around Here

I’ve helped people file bankruptcy in Herndon since 1993.  I’ve talked to nearly a thousand people in Herndon and Reston about their financial problems.

I know why even people with strong incomes can need a “a new opportunity in life and a clear field for future effort.”  (That’s what the Supreme Court says is the purpose of bankruptcy.) It costs a lot to live here.

The high cost of living is one reason the number of Hendon bankruptcy filings totals two thousand total since 2007.

Children are expensive.  The average family size in Herndon is bigger than the rest of Fairfax county. The tech economy in Herndon has been hurt by budget uncertainties. All those factors explain why more of your Herndon neighbors have filed bankruptcy than you might expect.

The purpose of bankruptcy is to help you

Another reason the Herndon bankruptcy rate is high.  People in high income communities have something to lose!  The purpose of bankruptcy is to help you–there’s a reason Donald Trump’s businesses have been in Chapter 11 four times. (Donald Trump said that bankruptcy laws do a great job”.)

Many people mistakenly think the bankruptcy is some kind of punishment.  Actually, bankruptcy is a tool to protect what you have.

Bankruptcy gives you a new start in five ways. The creditors can’t call or bill you; they can’t send you court papers. Your credit score will go up. You’ll sleep better. You’ll be smarter.

One reason I like being a bankruptcy lawyer:  I can help nearly everyone who comes to see me.

I can help nearly everyone who comes to see me.

Herndon Bankruptcy Lawyer Location and Map

13800 Coppermine Road
Herndon, VA, 20171
703-421-7111

Why Robert Weed Law:

In 2019 Robert Weed Law asked 103 past clients about their bankruptcy experience.

Here’s what they said.

Is your life better because you filed bankruptcy?

“It has made a huge difference in giving me peace of mind. My credit was already ruined, and since I filed I have been able to re-establish my credit. I am living life again, not stressed and feeling hopeless.”

Diana, Woodbridge VA
88%
90%
Have you been able to re-establish credit?

“There are many things to consider and Mr. Weed was not only an obviously experienced attorney but I felt he was compassionate as well. Although each bankruptcy differs, I can honestly tell you that through his guidance I’ve been able to get my credit score to a 690 average and I recently purchased a brand new automobile at 5.9 percent! AMAZING!”

Rodney, Leesburg VA
Are you sleeping better than you did before you filed?

“I was depressed and very stressed when I came to Mr. Weed due to my illness and with mounting medical debts. I now sleep better, my stress level is down and I feel so much better.”

Rosalind, Leesburg VA
94%
99%
Are you glad you selected the Law Office of Robert Weed?

“I can’t speak highly enough of Mr. Weed. From my very first meeting with him I felt completely at ease and knew I was in excellent hands. He put all my fears to rest and got the process started. He is extremely thorough and leaves no stone unturned. You will be expected to provide a mountain of documents and it’s all for the best because it’s all part of the preparation and process. At the conclusion of my creditors meeting the trustee thanked Mr. Weed and his staff for doing their usual excellent job in preparation for the hearing. These words from the trustee speaks volumes of Mr. Weed’s standing in the bankruptcy community. His staff are just as excellent. Thank you Mr. Weed and your staff for bringing me through this very difficult time in my life. I would recommend him in a heartbeat..”

Vanessa, Sterling VA

CALL NOW: 703-335-7793

 

The 2005 Bankruptcy Reform Was Designed to be Hard on High Income People

It can be tough for higher income people to get approved for a Chapter 7 bankruptcy.  The 2005 bankruptcy reform law tries to push all families over the median income into Chapter 13 payment plans.  (As of April 2019, the median income in Virginia is $91,781 for a family of three; $105,261 for a family of four.)  A majority of the families in Herndon are over that Virginia median income.  But few, when they get into financial trouble, could actually afford a five year Chapter 13 payment plan.  (Most Chapter 13 plans fail.) Five of the twelve highest income counties in America are in Northern Virginia.  I serve those counties.

I get more over-median income families approved for chapter 7 bankruptcy than any other lawyer in Northern Virginia. 

I’m a full time Bankruptcy Lawyer

Bookshelf in Herndon bankruptcy lawyer office

My bookshelf in my Herndon office. Assembled it myself when I hoped we’d have in-person consultations soon.

Bankruptcy is all I do.  I know it’s hard to talk to someone about your financial situation.  But I can tell you–you’ll like our friendly service with a smile.

Adlo and Linda of Herndon VA said this:

There are no words to express our gratitude for the care, attention and expertise…above and beyond to help us with my husband’s bankruptcy and walking us through the whole process with patience and understanding. We are a senior couple and not very technical…God Bless You

 

Alicia of Herndon VA said:

Didn’t know what to expect

I got patience, a judgement-free environment, and so much education.

 

Melanie, of Herndon VA:

The process was easier that I thought, Mr. Weed was very good at explaining everything. Would definitely recommend.

 

You can read more of my over 801 five-star reviews, here.    When you read what they say, you can see the smiles.

 

 

Herndon bankruptcy rate–one family of every nine since 2007

Herndon is located in western Fairfax County.  Fairfax is the third highest income county in America, (Loudoun is first) and Herndon has higher income that the county average. In the thirteen years since the housing crisis in 2007, about one out of every nine families in Herndon filed bankruptcy. Are you surprised?  I’m not.

I love being a Herndon bankruptcy lawyer, because I can help almost everyone I see.”

If you want to make an appointment, use our Get Started Now email box. Or call 703-335-7793, our main switchboard.  Contact us today and sleep better tonight.

 

Herndon Bankruptcy Lawyer Q&A

Question:  Where are the bankruptcy hearings for people who file bankruptcy in Herndon. Are they in Fairfax Courthouse?

Answer: The bankruptcy hearings are NOT in Fairfax, or Herndon. The Bankruptcy Court is a Federal Court. The bankruptcy court in Alexandria, VA. covers all of Northern Virginia.  If you want to know more about what happens at the bankruptcy hearings, I have more info here.  

Question:  Why does they say bankruptcy gives people a fresh start?

Answer: The “”fresh start”comes from the Supreme Court in 1934. In the famous case of Local Loan v Hunt, the Supreme Court said “One of the primary purposes of the Bankruptcy Act is to relieve the honest debtor from the weight of oppressive indebtedness, and permit him to start afresh…”

Herndon Virginia bankruptcy information from Northern Virginia Bankruptcy Lawyer

Thanks for viewing my Herndon Virginia Bankruptcy information website.

Question:  Does where I live affect my bankruptcy eligibility?

Answer:  For high income people–over 60,925 for family of one; $110,000 for family of 4–you have to show your income eligibility on the “means test” budget. And for that means test budget, your rent allowance depends on what county you live in.  

People who live in Loudoun or Fairfax are allowed to budget around $400 a month more for a one-person family compared to people in Prince William.  And $500 a month more for a four person family.

What does that mean?  Some people living in Gainesville or Manassas who cannot get approved for a Chapter 7 bankruptcy, can get approved, living in Sterling or Herndon.

Question:  Can bankruptcy help with my student loans

Answer:  Right now, there is very little that bankruptcy can do to help your student loans.

But that’s likely to change; possibly very soon.

The Democratic Party platform this year promises to change the bankruptcy law, so that student loans are just another debt.  The Republicans didn’t have a platform at all.  After a new President is inaugurated in January 2020, that could happen quickly. It may happen quickly if the Democrats also elect a comfortable majority in the US Senate.  If Republicans keep control, or it’s closely divided, it might be a long struggle.  

Question:  Can I file bankruptcy and leave my spouse out of it?

Answer:  Yes, married people are allowed to leave one spouse out of the bankruptcy. But you are required to do a whole family budget.

Question:  What’s the median income and how does that affect me?  

Answer:  The median income is the cut-off for automatic income eligibility to file Chapter 7 bankruptcy. If your family income is below the Virginia median based on the last six months, you have automatic income eligibility. The median income adjusts ever six months.  For November 1, 2020, here it is:

Family of 1:  $64,079      Family of 2:  $81,900     Family of 3:  $97,056    Family of 4  $114,910     Family of 5:  $123,910     Family of 6:  $132,910

Question:  Is my bankruptcy hearing at the Fairfax Court House?  

Answer:  The bankruptcy court is a federal court. The bankruptcy court for Herndon, all of Fairfax County, and all of Northern Virginia is in Alexandria.  During the covid emergency, you don’t go to the courthouse at all. The hearings are by telephone. 

Read Our Bankruptcy Lawyer Reviews! More than 800 Five-Star Reviews from People Like You

Herndon Bankruptcy Layer Robert Weed

In my Herndon VA law office at 13800 Coppermine Rd, Suite 183.

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Robert Weed has helped fifteen thousand people file bankruptcy in Northern Virginia. Robert Weed is a frequent panelist and speaker at the meetings of the National Association of Consumer Bankruptcy Attorneys. He is one of Northern Virginia’s most experienced personal bankruptcy lawyers. As an expert on changing consumer bankruptcy laws, Robert Weed has been interviewed on local and national TV and quoted in newspapers across the country.

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