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

life after bankruptcy – 7 tips

Over 1 million people file for personal bankruptcy each year. Unanticipated medical bills are a leading cause of personal bankruptcy. Other factors include job loss, divorce and high mortgage debt, and of course credit card over spending. Even though bankruptcy will remain on your credit record for up to 10 years, you can still bounce […]

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 […]

03 Oct 2010

July bankruptcy filings

August Bankruptcy Filings Down 8% From July But Still On Record Pace Historically, August bankruptcy filings are usually less than July. This July we saw an 8% drop in consumer bankruptcy filings across the nation. This statistic does not mean that we are in a recovery, and please don’t assume anything than it is just […]

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

Rise in Maryland Bankruptcy Filings in 2010

BUSINESS Bankruptcy cases rise nearly 36 percent in state By Lorraine Mirabella, The Baltimore Sun | August 23, 2010 Bankruptcy filings jumped nearly 36 percent in Maryland in the past year, continuing a recession-era trend of double-digit growth in cases, a federal courts report shows. The increase in Maryland, including business and individual bankruptcy cases, […]

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 […]