05 Apr 2019

Filing For Bankruptcy If You Work In Finance

Life is full of surprises and unexpected events and sometimes, despite our best planning, it can get the better of us. A divorce, a lawsuit, an accident or extended illness that results in high medical bills can translate to rapidly growing, accumulated debt. Bankruptcy is a legal process that is available in these types of […]

Financial advisors reviewing a portfolio.
22 Feb 2019

The Pitfalls Of Filing For Bankruptcy Without An Attorney

Between 2005 and 2017, close to 13 million bankruptcy petitions were filed with the U.S. courts, and this number is only expected to grow. There are a number of reasons that people seek to reorganize their finances through bankruptcy, from overwhelming healthcare costs, to job loss, to divorce or high mortgage payments in a devalued […]

Baltimore bankruptcy attorney in a law office
28 Dec 2018

Filing For Bankruptcy As A Firefighter Or EMT

Are you a firefighter or EMT who is dealing with a huge burden of debt? Financial difficulties can be extremely stressful, and your high-pressure job requires that you be alert and focused 100% of the time – lives depend on it. Depending on your situation, filing for bankruptcy can be a practical and expedient way […]

Filing for bankruptcy as a firefighter or EMT
04 Oct 2018

The Skinny On Credit Cards and Credit Card Debt

The United States is known as a nation of consumers, and the numbers surrounding credit card usage have reached staggering proportions. According to the Federal Reserve, credit card balances for Americans surpassed the $1 trillion mark in March of 2018 which is an all-time high. The average credit card balance in Maryland is currently $7,043, […]

Hand sliding a gold credit card through a charge reader. Bankruptcy can be a solution to wipe out credit card debt that has spiraled out of control.
06 Sep 2018

Debt Collection In The Digital Age

Nationwide, one-third of Americans hold at least one debt that is in collections, so it’s safe to assume that debt collectors are pretty busy. Over the years, debt collectors have shifted their tactics. While they still send letters and harrass people with phone calls, some are now incorporating other forms of communication such as text […]

The debt collection industry continues to adapt tactics and expand its reach in order to meet its goals. Bankruptcy can enable you to stop debt collectors and reorganize your financial future.
02 Aug 2018

Bankruptcy And Professional Or Medical Licenses

Thousands of people file for bankruptcy each year, and it can be a smart financial move to make a fresh start and start rebuilding a stronger financial future. Bankruptcy is becoming increasingly common for licensed professionals who may be burdened by high annual professional fees and/or tuition debt. As an example, medical school costs are […]

Concerned business woman sitting at desk reviewing financial statements. Bankruptcy is becoming increasingly common for licensed professionals who may be burdened by high annual professional fees and/or tuition debt.
07 Jun 2018

Bankruptcy And Identity Theft

In today’s high-tech landscape, identity theft is a problem that has grown to massive proportions. And, this trend is expected to continue as cyber criminals become even more sophisticated. According to the Insurance Information Institute, there were nearly 17 million victims of identity theft in 2017, and during that year a total of almost $17 […]

Upset man holding credit card
04 Apr 2018

How Long Does Chapter 7 Bankruptcy Take?

If you’re looking forward to getting some debt relief and making a fresh start financially, you may be wondering how long your bankruptcy will take. There are several factors that can add to the complexity of the bankruptcy timeline, but there also may be some steps you can take to help move the process along. […]

pulling together documentation for a Chapter 7 bankruptcy petition.
05 Mar 2018

Can Bankruptcy Wipe Out My Back Taxes?

The prospect of owing back taxes can be stressful, and even more so if you are filing for bankruptcy. Knowing what you will and will not be expected to pay can help you plan for what’s to come. Let’s take a look at how bankruptcy may affect your tax burden. Are you facing growing tax […]

Twenty dollar bills on top of an IRS letter, representing back taxes.
02 Feb 2018

Mortgage Modifications And Short Sales May Not Be The Answer

In the often-distressed housing market, there are instances when a homeowner may have a difficult time meeting their mortgage payment obligations for a variety of reasons. If you’ve fallen behind in mortgage payments and at risk of losing your home, you do have options. Although at first glance a short sale or mortgage adjustment may […]

Blue house with gray roof and white door resting on a calculator, illustrating mortgage modifications and short sales