Menu
» Maryland Bankruptcy
Credit Counseling Instead of Bankruptcy
Getting the help of a neutral party in assessing a financial situation, advising on budgeting and spending practices, and negotiating with creditors can be instrumental in getting someone back on their feet financially without going through bankruptc…
Read More
Read More
Categories: Maryland Bankruptcy
Credit Counseling and Debtor Education Requirements in Bankruptcy
U.S. bankruptcy law requires anyone filing for Chapter 7 or Chapter 13 bankruptcy to both receive credit counseling prior to filing and complete a debtor education course prior to the final discharge of debts. Many people are confused by the two and…
Read More
Read More
Categories: Maryland Bankruptcy
Tags: credit counseling
When Should a Maryland Business Consider Bankruptcy?
Bankruptcy is often thought of as the last option for a business. It is often perceived as throwing in the towel and giving up. Some situations do indeed call for nothing short of Chapter 7 bankruptcy and closing the doors. But that’s not always th…
Read More
Read More
Tags: business bankruptcy
More & More Physicians Filing Bankruptcy & Closing Private Practices as Economy Continues to Be Tough
A recent article from CNN highlighted a growing trend of private-practice physicians filing for bankruptcy. The trend appears to arise out of continuing tough economic conditions within the industry that make it harder and harder for doctors to keep…
Read More
Read More
Tags: business bankruptcy
Alternatives to Bankruptcy in Maryland: Assignment for Benefit of Creditors
Sometimes a business may find itself failing with closure of the business imminent and creditors pounding on the door, but filing Chapter 11 or Chapter 7 bankruptcy isn’t a possible or practical solution for settling up with creditors. For some com…
Read More
Read More
Categories: Maryland Bankruptcy
Debts Can’t Be Discharged in Bankruptcy if Creditor Proves Debt Incurred through Act of Fraud
You may have heard of cases in which someone lied about their income and financial information on credit card applications, racked up loads of credit card debts and then got all that debt discharged in bankruptcy. While it’s possible that this type…
Read More
Read More
Categories: Maryland Bankruptcy
Discharging Student Loans in Maryland Bankruptcy : Overcoming a Difficult Proposition
Due to their increasing prevalence and the reduced certainty that a college education will result in a better paying job, student loans are more and more among the debts that bankruptcy filers hope to discharge in a Chapter 7 bankruptcy. Unfortunatel…
Read More
Read More
Categories: Maryland Bankruptcy
What is a “Chapter 20” Bankruptcy and What is it for?
Chapter 20,” as it is commonly known, is the process of filing for Chapter 7 bankruptcy and then filing for Chapter 13 bankruptcy in order to take advantage of the benefits of each and circumvent problems that may arise for some individuals if they…
Read More
Read More
Categories: Maryland Bankruptcy
Restoring Your Credit Worthiness: Steps to Take After Bankruptcy in Maryland
You’ve filed for bankruptcy in Maryland, liquidated all your assets and paid your creditors (or completed your repayment plan if you filed Chapter 13 or 11), and have discharged all remaining unsecured debt. Now what do you do? Well, the whole purp…
Read More
Read More
Categories: Maryland Bankruptcy
Divorce & Bankruptcy: Things You Need to Know
If you are going through divorce and bankruptcy proceedings simultaneously, or intend to file for bankruptcy immediately after your divorce, there are some important things you need to know. As a Maryland bankruptcy attorney, I see too many people fi…
Read More
Read More
Categories: Maryland Bankruptcy