When you file for Chapter 7 bankruptcy, you must tell the court what you intend to do with your debts that are secured by personal property. For many Chapter 7 bankruptcy filers, this decision comes up in the context of their car loans. Ordinarily, the debtor has three options. The first option with Chapter 7 […]
At Ruben Law and the Maryland Bankruptcy Center, we have been helping Clients file Chapter 7 and Chapter 13 Bankruptcy for over 25 years. We help people understand Bankruptcy can be a fresh start and is an affordable, and legal option. This is an article about how to keep your car and reduce your car […]
One of the most difficult decisions a person might have to make in life is whether or not to file for bankruptcy. Like anything, asking friends or family can often lead to bad or simply false information. Many Americans view bankruptcy as a financial scar that will negatively affect you for the rest of […]
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, […]
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 harass people with phone calls, some are now incorporating other forms of communication such as text […]
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 […]
While filing bankruptcy is a possible option, it is not a good idea. The paperwork required and the very strict rules make it very difficult and time consuming to file without a lawyer. We have the experience, knowledge, and, frankly, the computer software which gives us the advantage. It is really no different than taking […]
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 […]
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. […]
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 […]
