18 Oct 2011

Credit Card Bankruptcy

Credit Card Bankruptcy It’s no secret that the United States economy has been driven by consumer credit card spending. Credit card companies have spent billions of dollars each year aimed at convincing us to buy on credit. More than a billion credit card offers are mailed out each year in the United States each year. […]

16 Oct 2011

Does My Spouse Have to File Bankruptcy With Me?

No, your spouse does not have to file bankruptcy with you. There is no law stating that both people in a marriage must file bankruptcy. A married person can file a single bankruptcy. If a married person does decide to file without their spouse, some information from the non-filing spouse would be needed. The non-filing […]

25 Sep 2011

Credit Card Debt Surges by $18.4 billion in second quarter

Americans added $18.4 billion to their debt load in the second quarter, a 66% increase from the debt they accumulated in the same quarter last year and 368% more than they tacked on in 2009, according to credit card research firm CardHub.com. In fact, the last time consumers charged up this much debt during this […]

25 Sep 2011

When an Ex-Spouse Files for Bankruptcy

Once of the darkest moments in anyone’s financial life is when a debt you are not responsible for shows up on your doorstep because you have co-signed a loan.  this is particularly distasteful when the person you co-signed with was once your spouse and is now your ex-spouse.  The only thing that can make this […]

25 Sep 2011

Comparing Chapter 7 to Chapter 13 Bankruptcy

To help you fully understand the difference between filing Chapter 7 Bankruptcy in Maryland and Chapter 13 Bankruptcy in Maryland, I will explain some of the major differences. In Chapter 7 Bankruptcy in Maryland, you ask the bankruptcy court to discharge most of the debts you owe.  Those debts include credit card bills, medical bills, […]

11 Sep 2011

Record Year for Bankruptcy’s So Far

Bankruptcy filings in June declined for both individuals and businesses. Still, bankruptcies so far this year are 9 percent ahead of last year’s monthly average, according to data compiled from court records by Automated Access to Court Electronic Records. If the pace continues for the next six months, 2010 will have the most bankruptcies since […]

20 Aug 2011

Medical Bills Drive Americans to Bankruptcy

I saw this article online today. A few months ago I spoke about this on television. Very interesting stuff. Call or e-mail me if you need a Maryland Bankruptcy lawyer/attorney to file bankruptcy for you. Medical Bills Drive Americans Into Bankruptcy As Many Struggle To Pay Debt The Huffington Post William Alden First Posted: 8/19/11 […]

02 Aug 2011

Medical Bills and Credit Reports

A member of Congress has proposed a bill that would erase medical bills from credit reports. I think that is a great idea, for many reasons. See the article below, it is very interesting: New Bill Proposed Would Remove Medical Collections From Credit Reports In June 2011, a bill titled the Medical Debt Responsibility Act […]

26 Jun 2011

Bankruptcy Is Not For Liars and Cheaters

I saw this article online today and thought it was very good, so I am sharing it with you: Bankruptcy is NOT for Liars, Cheats, Crooksby Jill Michaux, Kansas Bankruptcy Attorney · Posted in Bankruptcy Basics,Discharge of Debt inShare3 Bankruptcy is not for liars, cheats and crooks. Debt discharge is reserved for honest, but unfortunate, […]

25 Jun 2011

Bankruptcy – No Guilt Necessary

People from all around the entire Baltimore and Washington areas call us each day to discuss their bankruptcy options.   Many time, people begin the conversation to explain why they need to file bankruptcy and for how long they have tried to put it off.  They often feel guilty about it, feeling as if they are […]