Are you running a business in Baltimore, Maryland? But do you suddenly need to liquidate your assets and repay your creditors to resolve your financial issues and file for a bankruptcy case? If so, make sure to hire a qualified Baltimore bankruptcy lawyer. The rejection of a Chapter 7 bankruptcy case is very unusual, but […]
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Credit Counseling and Debtor Education 101
A bankruptcy attorney in Baltimore, MD, or in any other city for that matter can tell you that there are no two bankruptcy cases that are exactly the same. How so? It is because every case has a unique set of circumstances surrounding it, like a person’s debts, assets, marital status, and real estate property. […]
Bankruptcy Exemptions in Maryland
Most debtors file for bankruptcy petitions due to high medical bills, divorce, job loss, and other circumstances that are out of control. But most of them also wanted to start anew, and to protect creditors from juicing out every single cent of their hard work, congress has added exemptions to the law to protect assets. […]
Famous Bankruptcy Cases in the US
freepik.com Most people contemplate filing for bankruptcy just to save face. But that shouldn’t be the case, especially if you’re already struggling. Filing for bankruptcy doesn’t mean that you’re a failure, it just means that you’ve hit a challenging situation like everyone else. Even the most famous brands in the US have once filed for […]
Avoiding Judicial Liens When Filing for Bankruptcy in MD
pinterest.com Filing for bankruptcy can help wipe out debts. But with a discharge, it can’t instantly erase the liens the creditors have on your property. Therefore, even if your case is successful, you could still lose the property you thought you wouldn’t lose. That’s where you’ll need the help of a Baltimore bankruptcy lawyer. Creditors […]
The Hidden Benefits of Filing Bankruptcy
People often turn to bankruptcy lawyers in Baltimore, Maryland as a last resort because of enormous debt. When that time comes, you may not fully realize the benefits right away. At first, you will feel a tremendous sense of relief from being debt-free. That’s especially if you have been struggling with long-term financial problems for […]