Today I saw this information posted on a really good bankruptcy blog from a North Carolina attorney. She really seems to know her stuff. I would like to share her article with you, it addresses bad information that people have heard regarding personal bankruptcy and the changes in the law that occurred back in 2005. […]
The article below was posted on the Bankruptcy News website on May 31, 2011: Are Second Chance Credit Cards A Good Option For Rebuilding Credit? If you have just recently filed for bankruptcy, you may wonder if your credit will ever be the same again, or what you can do to rebuild your credit to […]
The Number of Bankruptcies are Falling The number of national consumer bankruptcies have fallen 6% in the first quarter of 2011. There were 340,012 consumer bankruptcy filings from January 2011 to March 2011, which was down from 363,215 last January 2010 to March 2010. This is according to the American Bankruptcy Institute using data from […]
Many people with financial problems don’t even consider bankruptcy because they envision themselves having to go in front of a Judge in a Courtroom and explain exactly why and how they find themselves in a bad financial situation. Well, I am here to tell you, and anyone who has every filed bankruptcy before will tell […]
Americans boosted their credit card balances in December for the first time in more than two years, a shift that may help explain the strength in holiday spending. Total credit card debt outstanding on Dec. 31 was a seasonally adjusted $800.5 billion, an increase of $2.3 billion from a month earlier, or 3.5% at an […]
A few months ago I prepared a document for each and every one of my client’s to read which attempts to describe the Chapter 7 and Chapter 13 Bankruptcy process in Maryland from A to Z. I think I did a good job. But, I am always trying to look for something better so that […]
There is one question that people always ask when they come in to my office to file a Chapter 7 or Chapter 13 Bankruptcy. They are concerned, and rightfully so, about whether or not they are going to be able to buy a car, buy a house or even get another credit card after they […]
It is the first week of February and the phones at the Maryland Bankruptcy Center have been ringing off the hook. I am a Maryland Bankruptcy lawyer. I earn my living helping Maryland residents file Chapter 7 and Chapter 13 bankruptcy. February is the busiest time of the year for bankruptcy filings. Why? Good question. […]
Filing Bankruptcy in Maryland is becoming more and more popular. The effects of the “great recession” that began in 2008 are in many cases hitting consumers now. Although some of our counties are among the richest in the nation, most Maryland residents (was well as most Americans), live paycheck to paycheck. When the recession hit, […]
If you’ve got a judmgent against you for an unpaid credit card debt, personal loan, medical bill, or similar debt then you may be thinking that filing for Chapter 7 or Chapter 13 personal will solve the problem. Well…..you are CORRECT! A judgment is a common reason for Maryland residents to consider filing for bankruptcy. In Maryland […]
