The past few years have forced many residents of Baltimore and surrounding areas of Maryland to rely more heavily on debt to finance everyday needs and expenses. Many have seen their debt increase in the form of credit card debt, student loan debt or mortgage debt because all to often today, your house has lost […]
If you are unable to pay a debt, the course of last resort for a creditor is to garnish your wages, meaning money is taken out of each paycheck and given to creditors. It is possible for you to stop wage garnishment.
When filing for bankruptcy, there is a way to get rid of a mortgage loan. There are two types of bankruptcy; Chapter 7 and Chapter 13 that take into account different types of mortgage debt. What is a mortgage? A mortgage is a loan; it is a legal agreement signed through a bank or other […]
The bankruptcy process is demanding and emotional. Bankruptcy is designed to provide a new start, but keep in mind that the process is complicated. What follows are the top five things to do before filing for bankruptcy. These guidelines will make the process smoother and less stressful.
I saw this article online this morning and had to share with my website visitors. It is so true, and I couldn’t have said it better myself! “If you find yourself deep in debt and are desperately trying to avoid bankruptcy, http://www.nationalbankruptcyforum.com/chapter-7-bankruptcy/how-to-avoid-bankruptcy/it might be time for a paradigm shift. Not only does bankruptcy provide relief […]
I speak with people who are thinking about filing bankruptcy almost every day. I am amazed at some of the things people think about bankruptcy, things that are so far from the truth it is frightening. I am a lawyer, not a salesman, but I sometimes find myself having to “sell” Chapter 7 or Chapter […]
This is one of the most commonly asked questions by people who are considering bankruptcy. At the Maryland Bankruptcy Center we eliminate more credit card debt than nearly every other law firm in the state of Maryland. Here is how it works. If you have an outstanding balance on a credit card, you will initially […]
I recently came across this article and wanted to share it with you on my website. As a bankruptcy lawyer practicing bankruptcy in Maryland for more than 20 years and handling over 2000 Chapter 7 and Chapter 13 cases, I can tell you first hand that filing bankruptcy will improve your health. The relief I […]
Simple answer, yes! At the Maryland Bankruptcy Center we do a great deal of online promotion and receive referrals from friends, family and former client’s every day. I probably spend at least 2 hours per day just giving out free consultations on the telephone. Sometimes people come in and file, sometimes they don’t, but the […]
The meeting of creditors is provided pursuant to this Section 341 of the United States Bankruptcy Code. The meeting is often referred to as the 341 meeting of creditors or your bankruptcy court date. At the meeting of creditors, you along with your attorney are going to be present in front of either a Chapter […]
