The decision to file for bankruptcy is never a simple or easy choice to make. However, many Maryland residents find that the benefits of bankruptcy offer the best available path out of unmanageable debt. Once the decision has been made to file for consumer bankruptcy,...
Year: 2014
Choosing a credit card after consumer bankruptcy
For many in Maryland, one of the top post-bankruptcy priorities is rebuilding a positive credit history. This is best achieved by making responsible use of new lines of credit, as well as making timely payments on any debts that were not discharged through the...
Consumer bankruptcy and zombies: The risk is real
Going through a bankruptcy can be a tumultuous time in the life of a Maryland resident. There are a great many decisions that must be made in a limited range of time, and having to trudge through the paperwork involved can be a chore in and of itself. However, the end...
Certain retirement savings entitled to bankruptcy protection
The decision to file for bankruptcy is never an easy one to make. There are a number of considerations that individuals and families in Maryland must work through before making the decision that seeking bankruptcy protection is the right choice. Often, the impact that...
Financial growth after consumer bankruptcy
Maryland readers already know the benefits that can accompany the decision to file for bankruptcy. Not only can consumer bankruptcy lead to the elimination of many forms of consumer debt, the process also gives individuals and families a fresh financial start. Savvy...
Loan Modification when behind on payments Over $100,000.00
, has successfully obtained loan modifications for hundreds of clients since the programs started in 2009. Even before the loan modification programs, we used to get modifications that were more like forbearance agreements, which would give...
Bankruptcy protection or loan forgiveness?
Many Maryland consumers are faced with high levels of debt. Some of this debt comes from credit card or other forms of borrowing, but many also struggle with high levels of student loan debt. Loan forgiveness is one debt relief option for a select few, but bankruptcy...
Retaining assets during consumer bankruptcy
One of the most difficult aspects of filing for personal bankruptcy is the fear of losing one's hard-earned and highly personal assets. Many people in Maryland put off filing for consumer bankruptcy for fear that they will be required to sell their belongings. In...
Historic paper mill being forced into asset liquidation
The world is constantly changing and is now moving at a significantly faster rate than in the past. This is why many people in Maryland and other states become upset when a historic business decides to close its doors. One town in the Northeastern United States is now...
Trump businesses in Chapter 11 for the fourth time
Many Maryland readers have taken the short road trip to Atlantic City. For decades, the area was one of the few places where legal gambling was available, and the casinos along the boardwalk drew many thousands of visitors each year. Now, Trump Casinos joins other...