What is the 341 meeting and why is it important to attend?

If you are planning to file for Chapter 7 or 13 bankruptcy protection, you must attend the 341 meeting. This is an important stop on your way to a brighter financial future. Each person you meet here will have an interest in the outcome of your bankruptcy. Understanding the meeting Also called the meeting of […]

How are Chapter 7 and Chapter 13 bankruptcies different?

Many residents of Maryland have a hard time staying on top of their bills and finances. If you are among them, you may be thinking about filing for personal bankruptcy. Most who do so move forward with either a Chapter 7 or a Chapter 13 filing, but there are some key differences between the two […]

Is it possible to foresee a bankruptcy in your future?

While bankruptcy can be incredibly helpful when you have financial trouble, it is best to avoid financial difficulties completely. Filing bankruptcy can prevent you from losing more money and keep you from incurring judgments against you, but it also takes time and money, so it is far easier to take time to watch for clues […]

Chapter 13 bankruptcy can help struggling consumers start over

Bankruptcy can get a bad reputation. When people hear of someone they know filing for bankruptcy, some people assume that money mismanagement is the root cause. However, many fall into financial despair due to circumstances beyond their control. Whether it be divorce, job loss or even medical debt, any of these situations can put responsible […]