Financial growth after consumer bankruptcy
Maryland readers already know the benefits that can accompany the decision to file for bankruptcy. Not only can consumer bankruptcy lead to the elimination of many forms of consumer debt, the process also gives individuals and families a fresh financial start. Savvy consumers will take this opportunity to make adjustments in the way that they […]
Loan Modification when behind on payments Over $100,000.00
[nap_names id=”FIRM-NAME-1″], has successfully obtained loan modifications for hundreds of clients since the programs started in 2009. Even before the loan modification programs, we used to get modifications that were more like forbearance agreements, which would give time for the homeowner to pay a little extra with each monthly loan payment to catch up on […]
Bankruptcy protection or loan forgiveness?
Many Maryland consumers are faced with high levels of debt. Some of this debt comes from credit card or other forms of borrowing, but many also struggle with high levels of student loan debt. Loan forgiveness is one debt relief option for a select few, but bankruptcy protection can sometimes offer a better fit. In […]
Retaining assets during consumer bankruptcy
One of the most difficult aspects of filing for personal bankruptcy is the fear of losing one’s hard-earned and highly personal assets. Many people in Maryland put off filing for consumer bankruptcy for fear that they will be required to sell their belongings. In reality, however, most people are able to retain the majority of […]
Historic paper mill being forced into asset liquidation
The world is constantly changing and is now moving at a significantly faster rate than in the past. This is why many people in Maryland and other states become upset when a historic business decides to close its doors. One town in the Northeastern United States is now feeling this way after learning that the local […]
Trump businesses in Chapter 11 for the fourth time
Many Maryland readers have taken the short road trip to Atlantic City. For decades, the area was one of the few places where legal gambling was available, and the casinos along the boardwalk drew many thousands of visitors each year. Now, Trump Casinos joins other businesses in Chapter 11 as the gambling market expands and […]
Can bankruptcy protection help with old loan debt?
Can bankruptcy protection help with old or unknown debt? It is now a growing trend to see older Americans facing debt from student loans, even from decades ago, that may have been neglected, forgotten or not known. As this becomes more common, some of these individuals may explore the option of bankruptcy protection to discharge […]
Bankruptcy protection can put an end to collection calls
There are a number of signs that suggest that an individual’s debt scenario has reached a critical level. One of those signs is an immediate and intense sensation of dread when the phone rings. For those in Maryland who have fallen seriously behind on their bills, collections calls can lead to a high level of […]
Can medical debt lead to consumer bankruptcy?
When a Maryland resident falls ill or is seriously injured, the cost of receiving necessary medical treatment can be astounding. As the patient and his or her family work to adjust to the physical aftermath, the bills begin rolling in. Often, it seems as though there is no way out of the spiraling medical debt […]
Divorce debt can lead to the need for bankruptcy protection
The end of a marriage brings a number of changes. One prime example lies in one’s financial standing in the years following divorce. In some cases, the outcome of the property division process is financially disastrous, leaving a Maryland resident in need of bankruptcy protection. This is due to the fact that property division includes […]