Countless individuals have experienced periods of significant financial struggles at some point in their lives. While in some cases these periods may be short-lived, some difficulties can linger, prompting a need for a lasting solution. If an individual in Maryland suddenly finds him or herself drowning in debt, it may be beneficial to file for consumer bankruptcy.
Recent studies suggest that bankruptcy filings spike around tax season. With many individuals in Maryland receive a substantial refund during this time, there are countless ways in which to spend it. Some people may have their eyes set on a particular purchase, while others who are constantly dealing with overwhelming debt may have bills to pay. For the latter, they may find this to be an excellent time to consider filing for consumer bankruptcy.