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Debt Consolidation vs. Chapter 7 Bankruptcy, Part 2: When Bankruptcy is Better than Debt Consolidation
This article is a continuation of our previous article, “Debt Consolidation vs. Chapter 7 Bankruptcy, Part 1: Advantages and Limitations of Debt Consolidation.” In that article we discussed when debt consolidation may be a good alternative to ban…
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Categories: Maryland Chapter 7 Bankruptcy
Debt Consolidation vs. Chapter 7 Bankruptcy, Part 1: Advantages and Limitations of Debt Consolidation
Bankruptcy is a legitimate solution for the overwhelming debt issues many individuals face, but it’s not right for everyone and other options should at least be considered before turning to bankruptcy as a the answer to debt problems. One of the al…
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Categories: Maryland Chapter 7 Bankruptcy
Chapter 7 Bankruptcy in Maryland: Using the Wildcard Exemption to Protect Your Car, Truck, Boat or Other Vehicle and Property
Other than their home, the piece of property people are most concerned about protecting in a Chapter 7 bankruptcy case is their primary car or truck. Having a reliable form of transportation is a necessity in the modern age and if filing for bankrupt…
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Categories: Maryland Chapter 7 Bankruptcy
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Chapter 7 Bankruptcy and Your Tax Return and Refund
When filing Chapter 7 bankruptcy, it’s important to understand several things about your tax return and any possible tax refund you may have coming. Bankruptcy law is very specific about how tax return information and tax refunds are to be applied…
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