Bankruptcy Chapter 7 Vs Chapter 13 – Which bankruptcy is right for you? When you decide to file bankruptcy has a lot to do with what is going on in your life. Some people have medical bills from a surgery they cannot pay for. Another person may have lost their
Bankruptcy is a lawful way to clear your debts and start over with a clean slate. It is a legal process that helps bankrupt individuals pursue debt settlement and reorganize their finances. Bankruptcy laws may vary from state to state. In Maryland, there are bankruptcy rules that you need to
Bankruptcy is considered one of the most common debt relief options. It can help you pay off your overwhelming debt to your creditor so you can have a fresh start. It is a legal process that allows you to clear your financial problems, reorganize your finances, and pursue debt
Bankruptcy means that it is a legal proceeding and right afforded by the Federal Bankruptcy Law that enables an insolvent debtor who cannot pay his creditors so he can have a fresh start. A discharged debt means that you can eliminate or wipe out your liabilities. Once you file
Bankruptcy procedures in the U.S. are governed by the Federal Bankruptcy Code which lists down different types of bankruptcy. Each type of bankruptcy is sorted into different bankruptcy chapters and is also named by that bankruptcy chapter. There are two main types of bankruptcy for personal bankruptcy cases: Chapter 7
What are the different types of bankruptcy? Which one will work well for the types of debt I have? What is a Chapter 7 bankruptcy proceeding? What is the means test and how will it affect my chances of filing Chapter 7? Do bankruptcy cases look into one’s monthly income?
Our office gets calls every day from Marylanders seeking help with their bills, relief from lawsuits and garnishments, or simply peace of mind. One frequent question we get is How much does it cost to file a Maryland Bankruptcy? There are a lot of factors that contribute to the cost
Sometimes I’m a Bankruptcy Attorney, but sometimes I’m just a Baltimore Tax Problem Solver! One of the biggest expenses we face are taxes. Some people spend more on paying Income and Social Security/Medicare taxes than they do on housing. And sometimes those payments aren’t enough. Tax liability is not
Garnishments can be devastating. As a Baltimore Bankruptcy Attorney, I see the effect they have all too often. Examples for illustration Imagine, if you will, this hypothetical: (some of you don’t have to imagine it, you’re living it) You’ve fallen behind on your credit cards or medical bills, but you’re
Stop Foreclosure in Baltimore If you’re behind on your mortgage, HOA dues, or Property Taxes you could find yourself faced with a foreclosure action. This process involves suing for the recovery of your real property to pay off a debt in which you have defaulted. The house is sold at