Can bankruptcy protection help with old or unknown debt? It is now a growing trend to see older Americans facing debt from student loans, even from decades ago, that may have been neglected, forgotten or not known. As this becomes more common, some of these...
Year: 2014
Bankruptcy protection can put an end to collection calls
There are a number of signs that suggest that an individual's debt scenario has reached a critical level. One of those signs is an immediate and intense sensation of dread when the phone rings. For those in Maryland who have fallen seriously behind on their bills,...
Can medical debt lead to consumer bankruptcy?
When a Maryland resident falls ill or is seriously injured, the cost of receiving necessary medical treatment can be astounding. As the patient and his or her family work to adjust to the physical aftermath, the bills begin rolling in. Often, it seems as though there...
Divorce debt can lead to the need for bankruptcy protection
The end of a marriage brings a number of changes. One prime example lies in one's financial standing in the years following divorce. In some cases, the outcome of the property division process is financially disastrous, leaving a Maryland resident in need of...
Food company files for Chapter 11 reorganization bankruptcy
When a business runs into challenging financial situations, it has several options available. One option is to file bankruptcy, although there are several types of bankruptcies to choose from. If a company wishes to remain in business, the company may want to consider...
How one’s role changes after filing for consumer bankruptcy
Once the decision has been made to seek bankruptcy protection, a number of changes will take place. Understanding what to expect within a consumer bankruptcy is important for those in Maryland who will go through this process, and it can greatly relieve stress and...
Can military approach help to avoid consumer bankruptcy?
Few Maryland consumers relish the thought of having to file for personal bankruptcy. Before reaching that decision, many will try a number of debt relief options. Some repayment strategies are inherently better than others, and savvy consumers will research the...
Consumer bankruptcy or aggressive debt repayment?
When faced with high levels of credit card debt, Maryland consumers must make a series of decisions about how to handle their financial issues. There are a number of debt relief options available, including repayment of existing accounts, debt consolidation and...
Buying a home after a successful consumer bankruptcy
Anyone who has gone through the process of buying a home know what an exciting time is can be. For those in Maryland who face losing their home through bankruptcy, there are a number of fears and concerns surrounding the possibility of ever owning another home after a...
Methods to avoid filing for consumer bankruptcy
When a Maryland resident is going through a period of financial strife, there are a number of actions that can be taken. Most consumers are aware that filing for consumer bankruptcy is one means of addressing high levels of outstanding debt, but many people want to...