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Virginia Bill of Interpleader Requesting Excess Proceeds be Placed in Escrow

State:
Virginia
Control #:
VA-CC-021
Format:
PDF
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Bill of Interpleader Requesting Excess Proceeds be Placed in Escrow
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FAQ

The group estimates a family of two adults and two children in the City of Fairfax would need to earn a combined $109,192 per year or $9,099 a month to live comfortably. Here's how the group breaks down that number: Housing: $1,1889 per month. Food: $769 per month.

Fairfax County is home to hospitals that rank as best in the region by US News & World Reports. With 116 million square feet of space (and growing), Fairfax County has the second largest suburban office market in the United States and the largest in the Washington, DC area.

Residents of Fairfax County need to make $4,754 every month to maintain a modest standard of living, making it the most expensive place to live in Virginia.The monthly housing cost in Fairfax County, the biggest expense, was $1,637.

Median household income in Fairfax County, VA is $122,227.

Under Virginia law, if you can't afford to pay the entire overdue amount at once, you can enter into an agreement to pay in installments over an extended periodthough not longer than 36 months. (Va. Code Ann. § 58.1-3965).

Because DC and Fairfax are essentially full, there is not much room for more housing. When products cannot meet demand, the prices go up. Housing is less costly in Loudon County, but by national standards it is still expensive to live there.

Fairfax is in Fairfax City County and is one of the best places to live in Virginia. Living in Fairfax offers residents a dense suburban feel and most residents own their homes.Many families and young professionals live in Fairfax. The public schools in Fairfax are above average.

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Virginia Bill of Interpleader Requesting Excess Proceeds be Placed in Escrow