Sometimes, a series of events or just one crippling event can lead a consumer or business owner to a bankruptcy filing. Some Maryland residents can no longer afford to pay their monthly debts or their debts far supersede their household income. In cases like these,...
Year: 2013
Late payments on credit cards see minor uptick in third quarter
Credit cards have long been instrumental tools for Americans to pay for things and "organize" (in a way) their financial situation. At the same time, credit cards can be very risky tools, ones that trap the user in loops of debt that are only spurred on by massive...
Major military air charter files for Chapter 11 bankruptcy
The government shutdown in October did more than just put a lot of federal and military personnel in a tight financial spot -- it also affected many businesses and organizations, may they be federally-run or privately-operated. For one private business, Global...
Medical debt issues could be solved with a bankruptcy filing
One inescapable truth about life is that, as we age, we will inevitably run into a variety of health issues. We will need to see our doctor more often; we'll need more medications and more extensive treatments; we'll likely need a surgery or two; and our medical bills...
Bank of America admonished for debt collection tactics
One of the major complaints about having debt (besides having it in the first place) is the strategies and tactics that creditors and collectors employ to try and get the in-debt party to pay up. Many years ago, this could range from constant phone calls at odd times;...