If you count your dog as a treasured member of your family, you undoubtedly already know the many mental health benefits that come with owning a companion animal. Still, if you are struggling to stay on top of mountains of debt, the stress you feel may be too much for...
Bankruptcy
Bankruptcy
Breaking down the Chapter 7 means test
You are certainly not alone in your struggles with debt (nor are you alone in your desire to want to deal with them in the best way possible). For many people in Maryland, seeking personal bankruptcy protection is the best option to re-establishing themselves on a...
Important factors to consider before filing for bankruptcy
Bankruptcy is a powerful tool that can help you overcome considerable amounts of financial troubles. In fact, bankruptcy has helped more than 700,000 people every year take back control over their future. While bankruptcy offers a major benefit, there are several...
How can bankruptcy help my credit card debt?
Credit cards have a way of quickly amassing thousands of dollars of debt without the debtor noticing. When there is too much debt on a credit card, the card's minimum monthly payment becomes overwhelming, and a dead or finds themselves unable to pay off their debt....
Do you believe these bankruptcy myths?
Understandably, you may hesitate to file for bankruptcy in Maryland. Does your belief in bankruptcy falsehoods stand in the way of financial relief? The American Bankruptcy Institute investigates common bankruptcy myths that you may believe. Separate fact from fiction...
What is a 341 bankruptcy meeting?
Whether you file for chapter 7 or 13 bankruptcy, one requirement is for you to attend a 341 meeting, also known as the meeting of creditors. Upon filing your petition for bankruptcy, the courts will schedule a date for you and your creditors to meet regarding your...
What are your obligations as a debtor?
When struggling with debt, you want to know your options for getting out of it. Bankruptcy is one of the many possibilities available to you. In specific, Chapter 13 bankruptcy offers you a way out. But as a debtor who files Chapter 13 bankruptcy, you have...
How can Chapter 13 protect your home from foreclosure?
Bankruptcy saves many people from outstanding debts. When you feel like you are suffocating under the weight of your debt and if your home is on the line, you need a way out. If you face foreclosure but still have a stable income, then Chapter 13 bankruptcy may help...
Why are more older adults filing for bankruptcy?
You plan to retire in a few years, and you want to double-check that you have your finances in order. You have heard more and more about elderly bankruptcy and want to avoid becoming another statistic. See why Forbes thinks more older adults file for bankruptcy. When...
Do you have too much debt relative to your income?
For many, buying a home in the District of Columbia requires some financial acrobatics. After all, according to Zillow, the median price for a home in the metro area is currently $641,121. If you have a good credit score, though, securing a mortgage may be possible. ...