I want to give you all an idea of the bankruptcy process. I’ll try to keep this simple and cover only the “normal” case and not cases involving objections from creditors and other complications. Once you’ve chosen a Maryland bankruptcy attorney, provided all of the documentation requested, and paid the required fees, it’s time to […]
News Flash! November 8, 2010 —Bankruptcy cases filed in federal courts for fiscal year 2010, the 12-month period ending September 30, totaled 1,596,355, up 13.8 percent over total FY 2009 bankruptcy filings of 1,402,816, according to statistics released today by the Administrative Office of the U.S. Courts. While non-business bankruptcy filings continued to rise in […]
I was searching the web today and I came across a very interesting and informative article which relates to bankruptcy. It was called Ten Bad Habits That Lead to Bankruptcy. Many consumers in Maryland with high credit card debt could have taken steps to prevent it. At the Maryland Bankruptcy Center we will not only […]
Hey folks. I just wanted to take this opportunity to wish anyone who might be reading this blog a Happy Thanksgiving. In two days it will be Black Friday, yes, the most popular day to run up credit cards of the year. I will actully be working in my office on Black Friday meeting new […]
The Baltimore Homeownership Preservation Coalition is launching a campaign to warn struggling borrowers that some of the people promising to help them avoid foreclosure will only hasten it. The nonprofit, which will be joined by elected officials at an event today, doesn’t want homeowners to be scammed. It’s telling residents not to pay foreclosure-prevention firms […]
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 […]
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 […]
National Bankruptcy Research Center May 2010 Bankruptcy Filings Report Bankruptcy filings in May 2010 fell slightly to 137,000 (from 145,000 in April). Because April and May filings usually are at about the same level, this suggests that bankruptcy filings were essentially constant through May, with perhaps a slight decline. Still, filings for 2010 to date […]
Very few people know why the type of personal bankruptcy that eliminates a persons debts is called CHAPTER 7. Well, here’s the answer. There is huge volume of books that contain all of the laws that our Federal Government passes. Those books are called the United States Code. That Code has TITLES, and within those […]
Personal bankruptcy filings for the month of May have increased compared with a year ago, but dropped slightly compared with a month earlier, the American Bankruptcy Institute reported last week. Here’s a breakdown of the data. Total filings: In May 2010, 136,142 personal bankruptcy cases were filed, a nine percent increase from May 2009, when […]
