As a Maryland bankruptcy attorney I have found that many of my clients have misconceptions about which types of debts can be discharged in bankruptcy. I feel every consumer should be educated about which types of debts can be discharged before deciding to file for bankruptcy. Secured vs. Unsecured Debts I have found that a […]
Simple answer. No. If you file for Chapter 7 bankruptcy in Maryland, you will not lose all of your proprety, in fact, you will not lose any of your property. This is possibly one of the biggest misconceptions about bankruptcy in Maryland. When you file, you can protect a certain amount of property and still […]
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 […]
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, […]
Bankruptcy can happen to anyone, from the young entrepreneur to the experienced business person. Legally, bankruptcy means that an individual has handed over control of her finances to the court system because she is not longer able to keep up with her debts. The word “bankruptcy” can strike fear in your heart. Psychologists rank it […]
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 […]
At the moment you are searching the web to get information about filing Bankruptcy in Maryland. I am attorney David L. Ruben, Esquire, and although I have been practicing bankruptcy law in Maryland for nearly 20 years, I still learn new things each day. My goal is to provide the best bankruptcy legal services possible. […]
If you are struggling with debt in Maryland, chances are you are feeling powerless. Collection agents are skilled at making you feel stressed and hopeless through embarrassing phone calls at work and home; threatening letters; and sometimes legal action. The collection companies want you to feel that your only choice to stop the harassment is […]
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 […]
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. […]
