Baltimore Bankruptcy Blog | Sirody & Associates, Baltimore MD
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Latest News on Baltimore Personal Bankruptcy Law, Foreclosures, Debt Consolidation, Credit and Wage Garnishment

12Mar 2021
Concerned middle aged couple reviewing finances. It is not advisable to dip into retirement accounts to pay off debts.

Thousands of people are experiencing financial hardship right now. A sluggish economy, uncertainty in the markets and a rising cost of living can make it difficult to climb out from accumulated debt. If you have worked for many years and have saved up a sizable nest egg, it may be tempting to pull money from […]

24Feb 2021
Couple reviewing finances and filing for bankruptcy virtually.

The COVID-19 pandemic has resulted in unprecedented job loss and an uncertain economy. Although the vaccine is starting to make its way across the U.S., there is still widespread concern about when businesses will get back to “business as usual”. Many Americans continue to face extreme financial hardship due to job loss or reduced income, […]

20Jan 2021
Family in front of their home. More middle class families are utilizing bankruptcy in order to get out from the financial stress caused by the pandemic.

Extraordinary job losses combined with COVID-19 medical debt is wreaking financial havoc on many families. A recent article in the Wall Street Journal discussed the ways in which the pandemic is affecting the debt-laden middle class in particular. Many middle class families are finding that their existing debt paired with job losses, an economic slowdown […]

21Dec 2020
Many COVID-19 survivors are facing crushing medical debt.

The current pandemic has taken many things from many people. Some have lost jobs, most have struggled with crippling isolation and many have experienced major illness or even the loss of loved ones. Suffering from the often life-altering effects of a COVID-19 diagnosis is bad enough, but many survivors have also been left with enormous […]

20Nov 2020
Chapter 13 bankruptcy printed on a clipboard, at a bankruptcy attorney's desk.

In the current economic climate, many people are having difficulty meeting their financial obligations. As unpaid bills pile up, debt continues to accumulate and multiply. At some point, the most practical solution to a personal financial crisis may be to file for bankruptcy in order to start over with a clean financial slate. How Chapter […]

29Oct 2020
Mortgage contract and home. Protect yourself from mortgage relief scams designed to prey on homeowners in financial distress.

The COVID-19 pandemic has resulted in historic financial losses for many people in Maryland and throughout the entire world. Many homeowners, particularly those who are unemployed or hourly or gig-type workers with significantly reduced employment, have taken advantage of mortgage forbearance in order to temporarily reduce or suspend their mortgage payments. But, what happens when […]