If you’re considering filing for bankruptcy, it’s important to understand the process and know your options. This includes hiring a bankruptcy lawyer. Here are six tips to help you hire the right bankruptcy lawyer for your case. Determine which type of bankruptcy attorney is appropriate for your situation. There are three types of bankruptcy attorneys: …
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There is no dispute, global economic inflation is here. No one can tell you how long it will affect your every day spending and expenses. Despite the great blame game, the problem is not just one thing or in the hands of just one person. However, what is certain is that ever-average person in Maryland …
Bankruptcy lawyers practice a specific type of law. In 2005, United States Congress amended the prior bankruptcy code set forth in 1978. The amendment decided that bankruptcy lawyers would be considered debt relief agencies. Debt relief agencies and filing bankruptcy: So, what does a debt relief agency do and what can they do for people …
When most people think about bankruptcy, they think about the financial stress it can cause. However, what many people don’t know is that bankruptcy can also improve your mental state by relieving the financial stress you’re under. Does filing for bankruptcy have a negative stigma to it in the public eye? Unfortunately, the answer is …
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Did you know that a Greenbelt bankruptcy attorney can stop any wage garnishment in Maryland by filing a bankruptcy case? No matter who is garnishing you—credit card, car loan, social security administration, etc. The power to stop a garnishment is in your hands. Why are wage garnishments so harmful? When funds are seized by a creditor because you owe …
How employees in Greenbelt can stop wage garnishments and regain control Read More »
For many bankruptcy cases, bankruptcy attorneys are not required. The bankruptcy petition can be filled out on your own without the assistance of a Greenbelt bankruptcy lawyer. However, some bankruptcy forms require additional paperwork to be attached, so an attorney should always be consulted before filing bankruptcy. Legal advice is often needed to understand bankruptcy …
Do I need a Maryland bankruptcy attorney to file Chapter 7? Read More »
Chapter 13 is an option that may help save your home from foreclosure. Your chapter 13 bankruptcy trustee will work with you to develop a repayment plan which will be tailored around your monthly budget. This type of bankruptcy allows an individual to develop a repayment plan with creditors, including mortgage companies instead of liquidating …
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Have you lost your job or been laid off due to COVID-19? If so, you’re not alone, as unemployment rates have mushroomed in the past year. Federal legislation in the CARES Act increased unemployment benefits and sent economic stimulus payments to Americans, but was that enough? While we welcome stimulus payments, they don’t cover bills …
There are 2 types of personal bankruptcy cases. The first is a Chapter 13, which is not so much a way to get out of all of your debt, but rather, a way to reorganize and pay back your creditors to the extent you can. The other is a more traditional bankruptcy, which is a …
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Recently, a client of mine came into my office and was extremely upset because her ex-husband filed for bankruptcy and a joint credit card they had while they were married is now trying to collect the debt from her. Sound familiar? Her divorce attorney entered into a settlement agreement in which the husband was to …
Can’t Get Away From Your Ex-Spouse and Their Debt? Read More »
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How to hire the right bankruptcy lawyer for your case
If you’re considering filing for bankruptcy, it’s important to understand