Business

New Bankruptcy Office Opens

Weed
North Stafford, Va. –– A long-time Northern Virginia bankruptcy lawyer has opened up shop in Stafford.

Robert Weed, who has offices in Manassas and Woodbridge, says he chose to open a Stafford office to not only be closer to his clients who already visit him in his Prince William County offices, but because the economic downturn has severely affected residents in the county.

“Stafford County, Va., has some of the longest commutes in America. So people in Stafford have been hit harder than most when gasoline hit four dollars a gallon,” Weed stated in his company blog. “Stafford also has a low average age–fifth lowest in Virginia. That low median age translates to mean, young families with children. The folks hardest hit when there’s a loss of income.”

The downturn in the housing market also had negative effects on Stafford residents, he added.

His office is on Garrisonville Road (Va. 610) in North Stafford, and he chose the location North of the Rappahannock River to ensure he wouldn’t have to split his cases between federal courts in Alexandria and Richmond.

The number of bankruptcies filed in the U.S. Eastern District Court of Virginia in Alexandria increased over the last year by 1.7 percent to more than 28,000 filings, according to statistics from usacourts.gov.