17 Nov 2010

bankruptcy statistics for october, 2010

National Bankruptcy Research Center October 2010 Bankruptcy Filings Report The raw numbers suggest that bankruptcy filings in October rose slightly from the previous month (to 132,000 from 130,000). But that trivial increase suggests a substantial break in the upward trend of bankruptcy filings we have observed since passage of the bankruptcy reform statute in 2005. […]

02 Nov 2010

Chapter 7 Median Income Effective Today

New Median Family Income Numbers For Bankruptcy Effective November 1, 2010 The new median family income numbers used for determining whether a debtor can file a Chapter 7 bankruptcy went into effect today, November 1, 2010. The numbers are provided by the U.S. Census Bureau. The means test was one of the major changes that […]

03 Oct 2010

Things Not To Do When Considering Bankruptcy

At the Maryland Bankruptcy Center, our lawyers are always trying to educate ourselves so that we can pass on important information to our Chapter 7 and Chapter 13 client’s.  I saw this article on a great consumer bankruptcy website and I thought I would pass it on.  Check it out.  And if you have any […]

03 Oct 2010

Bank of America Stops Foreclosed

Bank of America has forclosed upon themselves!  Due to a large problem they have had in reviewing foreclosure documents, they have temporarily stopped foreclosing on homes.  Read below: Bank of America is delaying foreclosures in 23 states — including Indiana — because of possible problems with paperwork, the third major servicer to take such action […]

18 Sep 2010

Thankfully, Bankruptcy Is Still Available

This economy stinks. According to an article I read in the Baltimore Sun, more Americans are living in poverty and without health care. The good news, Chapter 7 and Chapter 13 personal consumer bankruptcy is still available to all Marylanders. Call or e-mail us if you need a Maryland Bankruptcy attorney to help you choose […]

14 Sep 2010

Motherhood and Bankruptcy

I saw this today and thought it was a really informative article and wanted to pas it on to any readers of the Maryland Bankruptcy Center blog: MOTHERHOOD AND BANKRUPTCY In most discussions of bankruptcy, there are few mentions of the rising costs of motherhood/parenthood, especially considering the current economic state of affairs, whereby families […]

14 Sep 2010

Top Five Reasons People File Bankruptcy

When you are experiencing a financial crisis you may feel like you are the only one in that situation. The reality is that many people are feeling the current financial crunch for one reason or another. So whether you live in Maryland or any other part of the country, you are not alone! The following […]

14 Sep 2010

Information About Consumer Bankruptcy

The American Bankruptcy Institute is an incredible organization which helps educate bankruptcy professionals and consumers with regard to current bankruptcy news and information. It’s contributors are some of the most well-educated bankruptcy professionals in the country. Although I have been a Maryland bankruptcy lawyer for almost 20 years, I learn something new every day. I […]

12 Sep 2010

New Bankruptcy Laws Not a Barrier to Chapter 7 and Chapter 13 Bankruptcy

I was looking around the web this morning for interesting articles on consumer Chapter 7 and Chapter 13 bankruptcy, and debt relief in general, and I found this intersting article from the Washington Post in 2008. This was written BEFORE the recession and unemployment really hit us hard, but it still applies. Some people think […]

12 Sep 2010

Full Disclosure Required When You File Chapter 7 Bankruptcy

Some people say that famous people can get away with anything. This article shows that this is not true. One of the New Jersey housewives (ironically, one who I actually ran into while visiting the Borgata Hotel this summer in Atlantic City!), recently filed Chapter 7 Bankruptcy recently, and what follows is an article written […]