How can I get a handle on credit card debt?
If you find that your credit card debt is spiraling out of control, you may be weighing your options. While you might ultimately need to file for bankruptcy or pursue credit counseling, working on your spending now is still recommended to ensure your correct any bad habits. RealSimple.com offers the following tips to help you eliminate […]
Is student loan debt holding you back?
For the vast majority of American’s, debt is the price of admission to the American Dream. From a young age, we are sold the idea that financial stability in the future is not possible without an astronomical investment in your education today. College is thought to be the prerequisite for success in life. For that […]
Filing a Chapter 11 petition for the first time
Filing a bankruptcy petition can be tough for anyone, but some people face an especially difficult time when it comes to the bankruptcy process. For example, those who have complex financial circumstances may be unsure of which route to take or how bankruptcy will affect their finances. This is often especially true for someone who […]
Fall can be a good time for a financial checkup
With summer coming to a close and fall starting up, there are certain things individuals may want to give some extra attention. This includes their financial affairs. While summer can be a lot of fun, it can also be expensive. According to a recent survey, the vast majority of Americans (87 percent) indicate that the […]
Filing bankruptcy may literally save your life
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 uncertainty among its victims. As it worsens the health of aging adults, debt may ultimately shorten your […]
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 Maryland who are able to pay certain amounts of debt but are struggling under […]
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 placed in jeopardy in the process. To protect a company, a […]
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 find it advisable to speak with a consumer bankruptcy attorney for guidance […]
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 disadvantages to using a similar form of credit. Credit card debt remains one of […]
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 stability by selling the rights to certain brands, but this might not always […]