In some cases, it may come as a surprise that your credit is damaged. For example, you might get turned down for a credit card, loan or mortgage. However, many people already know that their credit is bad due to accumulating unpaid debt. When you’re facing a financial difficulty, you may decide to repair your […]
Anyone facing a personal debt crisis might consider filing for bankruptcy. In many cases, this is the best legal option to get back on track financially. Maryland bankruptcy court is actually a division of the United States Bankruptcy Court. There are 94 federal judicial districts in total, including the district of Maryland. Is A Court […]
If a person files for bankruptcy then dies before discharge, the way the debts are handled depends on several factors. The type of bankruptcy (Chapter 7 vs. 13) and the wishes of the debtor’s heirs can all come into play. Let’s find out more. Deceased Debtor & Chapter 7 Bankruptcy In Chapter 7 bankruptcy, debts […]
If you have outstanding unpaid debt, creditors may seek to have your wages garnished. Wage garnishment is when part of your salary is sent directly to a creditor before you get paid. Even though wage garnishment is legal, there are ways you can stop the process. In Or Out Of Court? As soon as you […]
Nationwide, the number of bankruptcy cases are high. In 2015, there were a total of 844,495 bankruptcy cases filed in US bankruptcy courts. The vast majority of these cases are non-business or individual bankruptcies. Let’s take a closer look at the numbers, including which states have higher rates of bankruptcy. Most Cases Are Individual In […]
Some people believe that bankruptcy forces you to give up your home, but this is not always true. In some cases bankruptcy can actually prevent, or delay, foreclosure. Let’s see under what circumstances bankruptcy can help you keep your home. Want to speak to an experienced bankruptcy lawyer in the Baltimore area? Get a free […]
Due to rising costs, seniors are often faced with medical bills or other debts they can’t pay. Older adults facing bankruptcy have special considerations that don’t affect other groups. Here is helpful advice for seniors from an experienced Baltimore bankruptcy attorney. Medical Bills Medical expenses are a leading cause of bankruptcy for persons over the […]
For many people who face a personal economic crisis, bankruptcy can be a way to reestablish financial health. One of the most common questions people ask is if they will have to appear in court. Let’s see what role the bankruptcy court plays when you file for bankruptcy in Baltimore. Bankruptcy Court Function Bankruptcy court […]
I hope you are having a great Sunday. My name is David Ruben and I have been a bankruptcy lawyer in Maryland for almost 23 years. I love what I do. Tommorrow is one of those rare days that I do not have to appear in court, so I was thinking about what my day […]
When filing for bankruptcy, the bankruptcy discharge is an important concept to understand. The discharge in bankruptcy can vary depending on if you file for Chapter 7 or Chapter 13. What Is A Discharge In Bankruptcy? When a debt is “discharged” through bankruptcy, the debtor is no longer legally required to pay the debt. After […]
