Before a case can be filed by an individual under Chapter 7 or Chapter 13, the individual must submit to a credit counseling session states Gurnee bankruptcy attorney. A credit counseling session is a one-hour session that can be done over the telephone or online whereby a credit counselor approved by the office of the […]
As 2011 draws to an end, many people will be thinking about filing Chapter 7 bankruptcy in Maryland in 2012. One very common question, almost always asked at the beginning of the year, is: IF I FILE CHAPTER 7 BANKRUPTCY IN MARYLAND, WILL I STLIL BE ABLE TO KEEP MY TAX REFUND? The answer is………….yes, […]
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 […]
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 […]
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 […]
Maryland Enacts Foreclosure Mediation Law. On April 13, Maryland Governor Martin O’Malley signed a law (H.B. 472) giving homeowners the right to mediate foreclosure with a neutral third party and requiring lenders to conduct loss mitigation analyses before foreclosing home loans. The law applies to 1-4 family residential properties occupied as the borrower’s primary residence […]
This is the first post on the Maryland Bankruptcy Center bankruptcy information blog. My name is David L. Ruben. I am an attorney in the state of Maryland and have recently created this website and other websites for a couple of reasons. I started the Maryland Bankruptcy Center, a Maryland business owned and operated by […]
