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...
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...
There are few things in life that can be as overwhelming and confusing as receiving a notice of foreclosure. When a person is unable to meet his or her financial obligations, it is easy to fall behind with mortgage payments, leading to calls from creditors and the...
Maryland consumers who are struggling to maintain payments on their debts might have considered personal bankruptcy, but they may have put off filing because they are not entirely informed about the different bankruptcy chapters and the requirements for each. Choosing...
Many homeowners in Maryland are faced with a difficult set of financial circumstances. Having financed the purchase of their home and during a period of solid financial stability, many took out second mortgages to cover the cost or home improvements, repair or other...
In troubled economic times, virtually no one is immune to financial difficulties. Even Maryland residents who have worked hard to amass a solid base of income and assets can be at risk of serious financial strain. For many, the most sure path back to financial...
With spring around the corner, many individuals are looking forward to going on vacations or doing extra projects to fix up the house in Maryland. Others, however, are looking at empty savings accounts and meager paychecks, wondering how they could ever get to the...
For many Maryland homeowners, financial difficulties lead to a great deal of stress. The fear of losing one's home is a serious stressor, and can lead individuals to make choices that they might otherwise avoid. In the struggle to save your home and avoid foreclosure,...
Rebuilding your credit can be a difficult thing, especially if Maryland residents are facing accumulating credit card debt, medical debt or other overwhelming expenses. Fortunately, declaring bankruptcy can be a viable option for obtaining a fresh start and eventually...
Maryland residents that have been through tough financial times probably realize the difficulties that can result even years after. Rebuilding your credit can be tough for individuals that have had to file bankruptcy because of overwhelming debt. A recent article that...
