Recent innovations have given birth to an industry that combines an old service with new technology. Ride sharing allows people to use their own vehicles to earn money providing rides for others by way of a Smartphone app. While ride-sharing companies are wildly...
Year: 2016
Rebuilding your credit takes a careful plan
A financial disaster often leads a person to file for bankruptcy protection. Perhaps it is a medical emergency or a job lay-off that starts the rapid unraveling of a delicate budget. However, a bankruptcy should not be thought of as a second disaster. In fact, despite...
Escape credit card debt by seeking bankruptcy protection
Americans already carry a significant amount of credit card debt, and the holidays are a time of year that many people see their spending and debt balances increase. It is easy to become overwhelmed by credit card debt, but this situation can quickly begin to affect...
Bankruptcy protection can resolve overwhelming debt
Consumers in Maryland who have had to rely on their credit cards after job losses or unanticipated medical emergencies may end up with mountains of debt without much hope of being able to pay. Gaining knowledge about bankruptcy protection when other options such as...
Reorganization of debts under Chapter 11 bankruptcy
In order to benefit from the protections provided by Chapter 11 bankruptcy, one must file a petition with the appropriate bankruptcy court. This type of bankruptcy allows for the reorganization of debts, which can provide the petitioner with a way to halt collections...
Chapter 13 discharge and dismissal: What is the difference?
When Maryland consumers suffer financial hardships that seem overwhelming, they may consider bankruptcy. However, without proper knowledge about the protections offered by the U.S. Bankruptcy Code, the terms used in the process can be confusing. For example, what is...
Collection efforts while under bankruptcy protection may be legal
A case currently before the Supreme Court will address how debt is collected and the practices that collection agencies are allowed to use. This case stems from a situation in which a woman was expected to pay over $1,800 on a bill long after the statute of...
We can assist businesses in Chapter 11 bankruptcy
Bankruptcy can be an intimidating prospect, both for an individual and for a business. Fortunately, we have experience helping both people and businesses navigate the complexities of the bankruptcy process and find solutions to their unique concerns. We are dedicated...
Consumer bankruptcy an option for credit card debt
When the economy improves, consumer confidence increases, and people begin to charge more on credit cards. In 2007, people were also overconfident with their money, causing to them to take risks with their long-term financial stability by carrying huge credit card...
Seeking bankruptcy protection for credit card debt
When a person is overwhelmed by credit card debt, it can have a negative impact on every area of life. From unexpected medical expenses to a prolonged unemployment period, people may find themselves dealing with the impact of circumstances beyond their control. When...