If you and your family struggle with credit card debt, you are not alone. Millions of Americans overspend on credit, according to Bank of America, but you need not struggle by carrying burdensome payments month to month. Paying down your credit card debt requires...
The Chapter 7 bankruptcy process offers individuals a fresh financial start by discharging eligible debts. To navigate this process successfully, you need a clear understanding of the key steps involved. Prepare and file the bankruptcy petition The first step in the...
When your finances begin to spiral beyond your control in Maryland, you may start looking for ways to reestablish financial stability. Depending on how much debt you find yourself in and how much income you have, filing for bankruptcy may help you accomplish this...
Overwhelming debt can happen to anyone. For many people, bankruptcy is the only option. If bankruptcy is a potential option for you, consider the distinctions between Chapter 7 and Chapter 13 bankruptcies. What are Chapter 7 and 13 bankruptcies? Chapter 7 is a...
Once you fall behind on your bills in Maryland, it becomes increasingly difficult to catch back up. In addition to the bills you are already struggling to pay, you may now face fines and fees for late payments that increase your debt load even more. The deeper your...
These days, more people use their credit cards than ever before due to the extensive creeping rise of inflation. However, those who fall behind on their credit payments immediately see damage to their credit score. This score gets used by landlords, lenders and even...
Credit card debt can interfere with your ability to meet other financial obligations in your life. If ignored, a seemingly minor issue could have detrimental consequences that destroy your credit. Using a credit card has a lot of great benefits. However, using one...
When facing a foreclosure, you may be willing to try anything to avoid losing your home. While there are plenty of good steps you can take, there are also scams that will leave you in worse shape. Fraudulent foreclosure services will take your money and not offer you...
Filing bankruptcy is a good move to get protection under the law from collection agencies or lenders. While this is a rather large step to take, it can allow you to save yourself from financial ruin. Making the decision to file can be difficult. You need to weigh the...
Stimulus checks and payment protection loans kept many Rockville families and businesses afloat during the pandemic lockdowns. That, combined with courthouses being shut for months, kept personal bankruptcy filings low in 2020 and '21. But these vital pandemic...
