Do You Really Need Credit? When I was a youngster, my grandmother always insisted I clean my plate. She grew up during the Great Depression and that shaped her views on savings, spending and waste for the rest of her life. We are seeing a new generation who’s coming of
Advice from a Baltimore Bankruptcy Lawyer One of the hardest things for me to do is admit I’m in trouble and ask for help. I don’t think I’m alone in this. In fact, I know I’m not. I have practiced law in three states over the course of ten years.
As a Maryland Bankruptcy Attorney I meet a lot of people who have, or think they have, successfully hidden their financial problems from friends and family. They are often not as successful as they think. We all know someone who has an issue with debt. Maybe it’s a sibling or
As a Baltimore Bankruptcy Attorney, I get asked regularly how much debt is needed to file bankruptcy. It is a question without an answer, unfortunately. You see, it’s not about the amount of debt, it’s about your ability to deal with that debt and the ramifications to you of not
One of the striking moments of my young career came when I helped a 21 year old college Junior file for Bankruptcy Protection. She had nearly $20,000 worth of very aggressive credit card debt and was facing a garnishment of her checking and savings accounts, where her college grant money
Everyone knows what the oldest profession in the world is. Well, the second oldest profession must be the con-artist. There are always people who want to cut corners on the way to wealth. And the shortest corner to cut is to take advantage of someone else. 20 years ago it
Terry Bennet, Founder of DoYourPart.org estimates that the average family throws out nearly one third of the food they buy. That percentage should be an eye-opener, but in case you didn’t do the math. Let’s say your family spends $600 a month on groceries. You may be throwing $200 worth
One of the most important things you can do to manage and control your household finances is to create a family budget. In the age of online bill paying, debit cards, and still moderately easy credit, it’s easy to spend more than you realize. Many of my clients have absolutely
The government claims that inflation isn’t a major concern in our economy right now, but anyone who has filled their tank or been to the grocery store lately knows that prices are rising. Where prices aren’t rising, it is usually because portion sizes have shrunk. Everything is more expenses and
I’m a Maryland Bankruptcy Lawyer. That’s how I make my living. It’s how I feed my family and pay my bills. In short, I make money because people pay me to help them get out of debt. Sometimes I make creditors pay me for the bad things they sometimes do