Accruing thousands of dollars in debt due to credit card charges, medical expenses and mortgage payments may directly cause significant health risks. Owing unsecured debt, or debt detached from specific property, potentially results in feelings of hopelessness and...
Year: 2018
Understanding how to pursue relief through a wage-earner plan
Going through prolonged periods of financial strain can be stressful under any circumstance. Unfortunately, it may take little more than a single medical emergency or sudden change of employment to leave a person facing high amounts of debt. For individuals in...
Reorganization: Addressing financial concerns in a small business
For small business owners in Maryland and across the nation, the success of their companies could have a significant impact on their lives. Periods of financial struggle can be challenging for owners, and if these issues persist, the future of an enterprise could be...
Consumer bankruptcy: Protecting one’s plans for retirement
It is no secret that dealing with substantial amounts of debt can be a harrowing experience. For individuals in Maryland who are closing in on retirement, financial struggles could pose a significant threat to future plans. Those who are facing similar issues might...
Consumer bankruptcy: Avoiding certain credit card purchases
For many consumers in Maryland and across the nation, the convenience and possible rewards involved with using a credit card for purchases may appear enticing. However, with high interest rates and substantial penalties on late payments, there may be some inherent...
Nine West files petition for reorganization through bankruptcy
Many companies in Maryland and elsewhere may attempt to provide consumers access to a variety of product brands, some of which could prove less profitable than others. When a business begins to experience significant financial issues, it may seek to regain financial...
Seeking relief through consumer bankruptcy during tax season
There are a multitude of scenarios in which a person in Maryland may begin to experience the trials of financial hardships. Regardless of how it occurs, those who constantly struggle to keep up with monthly payments may find themselves in search of relief, but with...
Claire’s Stores plans to seek reorganization through bankruptcy
The recent advent of online shopping has forced a multitude of businesses to experience a significant drop in consumer traffic in brick and mortar stores. This has left many businesses in Maryland struggling to keep up with the competition, and the financial...
Reorganization: Potential concerns re business credit cards
Many small business owners in Maryland and elsewhere have applied for business-related credit accounts for financial assistance. A small business credit card could prove useful under a variety of circumstances, and such accounts may even offer a variety of perks and...
Pursuing relief from credit card debts via consumer bankruptcy
Many individuals in Maryland and elsewhere have experienced the financial struggles of dealing with substantial amounts of credit card debt. Whether for aid in times of emergency, or for assistance with everyday needs, many have turned to similar lines of credit for...