Many businesses in Maryland and elsewhere have fallen on hard times at some point in operation. Financial struggles can come in numerous forms, each of which could threaten the longevity of a business. A famous French bistro in another state has recently filed for...
Year: 2017
Considering a wage-earner plan when facing foreclosure
Constantly dealing with the burdens of debt can be stressful and daunting, prompting many individuals to seek guidance in the process. In addition to countless calls and letters from creditors, those who face such hardships may also struggle in other areas of life,...
Consumer bankruptcy could alleviate significant financial burdens
Many individuals in Maryland and elsewhere have experienced prolonged periods of financial difficulties over the years. Overwhelming debt is a serious issue that can cause a person to struggle to maintain a certain standard of living. In addition, the emotional stress...
Misinformation shouldn’t be a deterrent to consumer bankruptcy
Filing for bankruptcy is a major decision that often requires a fair amount of consideration. However, a person might also want to do some research and speak with someone with experience in the area before coming to a conclusion. When it comes to consumer bankruptcy,...
Store proposes additional closures in plan for reorganization
Companies in Maryland and across the country often open stores in various locations in an attempt to maximize sales. However, this can also be risky, especially since it is often difficult to predict how well a store will do in a new location. If a company begins to...
Seeking financial relief through a wage-earner plan in Maryland
Personal debt can come in various forms, sudden and gradual alike. An unexpected trip to the hospital can be financially devastating. On the other hand, perhaps a person used a credit card on too many occasions, eventually leading him or her into dire financial...
Reorganization of finances can allow businesses to regain control
When a person or entity buys or takes over a business, the deal may also include various amounts of pre-existing debt. Business owners in Maryland and across the country may believe they are able to achieve success eventually, but in the meantime, financial...
Overcoming unexpected changes in life through consumer bankruptcy
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...
Study notes tax season spike in consumer bankruptcy filings
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...
Popular restaurant in need of financial reorganization
Many businesses have faced periods of highs and lows throughout years of operation. With business models changing on a daily basis, owners in Maryland are often required to form new plans to adapt accordingly. In some cases, low periods can be challenging to overcome,...