Category Archives: Washington DC

Washington DC bankruptcy firm for information about filing for bankruptcy in the DC Metro area.

Washington D.C. Bankruptcy Attorney: Gossip Girl Actress Files For Chapter 7 Bankruptcy

According to the Associated Press, Gossip Girl actress Kelly Rutherford has filed for Chapter 7 bankruptcy after losing most of her fortune in a divorce battle with her ex-husband Daniel Giersch. According to the AP, court documents indicate that Rutherford has “debts of over $2 million and no means to pay them with a reported monthly income of less than $1,300.” The actress reportedly spent more than $1.5 million battling her ex-husband over custody of their two children. Rutherford wed Giersch in 2006 and gave birth to their son the same year. The couple split in 2009, while she was pregnant with their daughter. Giersch, who now lives in Monaco, was awarded custody of the two children, while Rutherford was given permission to visit them in between acting jobs, according to the AP. Divorces can be financially stressful—it is not uncommon for a person to file for bankruptcy following a…
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Washington DC Bankruptcy Attorney: Student Loan Interest Rates Will Rise Today Unless Lawmakers Agree to Compromise

As of late last week, Senate lawmakers were unable to come up with a compromise to prevent federal student loan interest rates from doubling. Rates will jump from 3.4 to 6.8 percent today for new Stafford student loans, unless an agreement was reached before this weekend. According to the AP, the spike would affect 7 million students who receive Stafford loans, which serve needy students. “We’re working right through immigration,” Senate Majority Leader Harry Reid, D-Nev told the AP. “We are going to wrap up immigration either Thursday or Friday. The only question now is whether we can come up with a list of amendments. And I think both sides want to do that, but having said that, I don’t know we can do it.” According to the AP, if no action is taken, senators will depart for a July 4 recess and could retroactively reduce the interest rate. “I…
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